Hokuriku Electrical ConstructionLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hokuriku Electrical ConstructionLtd has a total shareholder equity of ¥41.9B and total debt of ¥319.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ¥62.7B and ¥20.9B respectively. Hokuriku Electrical ConstructionLtd's EBIT is ¥3.4B making its interest coverage ratio -131.8. It has cash and short-term investments of ¥19.5B.
Key information
0.8%
Debt to equity ratio
JP¥319.00m
Debt
Interest coverage ratio | -131.8x |
Cash | JP¥19.50b |
Equity | JP¥41.87b |
Total liabilities | JP¥20.88b |
Total assets | JP¥62.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1930's short term assets (¥43.0B) exceed its short term liabilities (¥16.8B).
Long Term Liabilities: 1930's short term assets (¥43.0B) exceed its long term liabilities (¥4.1B).
Debt to Equity History and Analysis
Debt Level: 1930 has more cash than its total debt.
Reducing Debt: 1930's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 1930's debt is well covered by operating cash flow (706.9%).
Interest Coverage: 1930 earns more interest than it pays, so coverage of interest payments is not a concern.