Hi-Lex Balance Sheet Health
Financial Health criteria checks 5/6
Hi-Lex has a total shareholder equity of ¥194.7B and total debt of ¥12.0B, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ¥284.9B and ¥90.2B respectively. Hi-Lex's EBIT is ¥3.3B making its interest coverage ratio -2.8. It has cash and short-term investments of ¥57.3B.
Key information
6.2%
Debt to equity ratio
JP¥12.00b
Debt
Interest coverage ratio | -2.8x |
Cash | JP¥57.30b |
Equity | JP¥194.71b |
Total liabilities | JP¥90.19b |
Total assets | JP¥284.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7279's short term assets (¥150.3B) exceed its short term liabilities (¥72.7B).
Long Term Liabilities: 7279's short term assets (¥150.3B) exceed its long term liabilities (¥17.5B).
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 4.5% to 6.2% over the past 5 years.
Debt Coverage: 7279's debt is well covered by operating cash flow (141%).
Interest Coverage: 7279 earns more interest than it pays, so coverage of interest payments is not a concern.