Hi-Lex Balance Sheet Health
Financial Health criteria checks 5/6
Hi-Lex has a total shareholder equity of ¥191.1B and total debt of ¥11.7B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ¥282.3B and ¥91.2B respectively. Hi-Lex's EBIT is ¥3.1B making its interest coverage ratio -2.9. It has cash and short-term investments of ¥57.1B.
Key information
6.1%
Debt to equity ratio
JP¥11.75b
Debt
Interest coverage ratio | -2.9x |
Cash | JP¥57.11b |
Equity | JP¥191.13b |
Total liabilities | JP¥91.21b |
Total assets | JP¥282.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7279's short term assets (¥149.0B) exceed its short term liabilities (¥73.5B).
Long Term Liabilities: 7279's short term assets (¥149.0B) exceed its long term liabilities (¥17.7B).
Debt to Equity History and Analysis
Debt Level: 7279 has more cash than its total debt.
Reducing Debt: 7279's debt to equity ratio has increased from 4.7% to 6.1% over the past 5 years.
Debt Coverage: 7279's debt is well covered by operating cash flow (144%).
Interest Coverage: 7279 earns more interest than it pays, so coverage of interest payments is not a concern.