Hirakawa Hewtech Balance Sheet Health
Financial Health criteria checks 6/6
Hirakawa Hewtech has a total shareholder equity of ¥37.3B and total debt of ¥2.8B, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ¥45.6B and ¥8.4B respectively. Hirakawa Hewtech's EBIT is ¥2.1B making its interest coverage ratio -9.1. It has cash and short-term investments of ¥12.9B.
Key information
7.6%
Debt to equity ratio
JP¥2.83b
Debt
| Interest coverage ratio | -9.1x |
| Cash | JP¥12.93b |
| Equity | JP¥37.26b |
| Total liabilities | JP¥8.36b |
| Total assets | JP¥45.62b |
Recent financial health updates
No updates
Recent updates
We Think You Can Look Beyond Hirakawa Hewtech's (TSE:5821) Lackluster Earnings
Nov 19
Hirakawa Hewtech's (TSE:5821) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 24Hirakawa Hewtech's (TSE:5821) Upcoming Dividend Will Be Larger Than Last Year's
Aug 22Hirakawa Hewtech (TSE:5821) Is Paying Out A Larger Dividend Than Last Year
Aug 08Hirakawa Hewtech (TSE:5821) Is Paying Out A Larger Dividend Than Last Year
Jul 25Hirakawa Hewtech (TSE:5821) Will Pay A Larger Dividend Than Last Year At ¥22.00
Jul 11Some May Be Optimistic About Hirakawa Hewtech's (TSE:5821) Earnings
May 21Financial Position Analysis
Short Term Liabilities: 5821's short term assets (¥28.7B) exceed its short term liabilities (¥4.8B).
Long Term Liabilities: 5821's short term assets (¥28.7B) exceed its long term liabilities (¥3.5B).
Debt to Equity History and Analysis
Debt Level: 5821 has more cash than its total debt.
Reducing Debt: 5821's debt to equity ratio has reduced from 8.8% to 7.6% over the past 5 years.
Debt Coverage: 5821's debt is well covered by operating cash flow (167.6%).
Interest Coverage: 5821 earns more interest than it pays, so coverage of interest payments is not a concern.