Honda Motor Balance Sheet Health
Financial Health criteria checks 5/6
Honda Motor has a total shareholder equity of ¥13,005.9B and total debt of ¥10,163.6B, which brings its debt-to-equity ratio to 78.1%. Its total assets and total liabilities are ¥29,774.2B and ¥16,768.3B respectively. Honda Motor's EBIT is ¥1,382.0B making its interest coverage ratio -12.1. It has cash and short-term investments of ¥5,184.1B.
Key information
78.1%
Debt to equity ratio
JP¥10.16t
Debt
Interest coverage ratio | -12.1x |
Cash | JP¥5.18t |
Equity | JP¥13.01t |
Total liabilities | JP¥16.77t |
Total assets | JP¥29.77t |
Recent financial health updates
Recent updates
Honda Motor Co., Ltd. Just Recorded A 8.9% EPS Beat: Here's What Analysts Are Forecasting Next
May 31Earnings Beat: Honda Motor Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 14Honda Motor Co., Ltd.'s (TSE:7267) Price Is Right But Growth Is Lacking
May 08Here's Why Honda Motor (TSE:7267) Can Manage Its Debt Responsibly
Apr 23Do Honda Motor's (TSE:7267) Earnings Warrant Your Attention?
Apr 08The Returns At Honda Motor (TSE:7267) Aren't Growing
Mar 13Financial Position Analysis
Short Term Liabilities: 7267's short term assets (¥11,872.6B) exceed its short term liabilities (¥8,323.5B).
Long Term Liabilities: 7267's short term assets (¥11,872.6B) exceed its long term liabilities (¥8,444.8B).
Debt to Equity History and Analysis
Debt Level: 7267's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: 7267's debt to equity ratio has reduced from 85.6% to 78.1% over the past 5 years.
Debt Coverage: 7267's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: 7267 earns more interest than it pays, so coverage of interest payments is not a concern.