Hirakawa Hewtech Balance Sheet Health
Financial Health criteria checks 5/6
Hirakawa Hewtech has a total shareholder equity of ¥35.6B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are ¥45.0B and ¥9.4B respectively. Hirakawa Hewtech's EBIT is ¥2.0B making its interest coverage ratio -12.3. It has cash and short-term investments of ¥11.6B.
Key information
10.6%
Debt to equity ratio
JP¥3.79b
Debt
Interest coverage ratio | -12.3x |
Cash | JP¥11.59b |
Equity | JP¥35.57b |
Total liabilities | JP¥9.40b |
Total assets | JP¥44.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5821's short term assets (¥28.6B) exceed its short term liabilities (¥5.5B).
Long Term Liabilities: 5821's short term assets (¥28.6B) exceed its long term liabilities (¥3.9B).
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 increased from 8.6% to 10.6% over the past 5 years.
Debt Coverage: 5821's debt is well covered by operating cash flow (89.7%).
Interest Coverage: 5821 earns more interest than it pays, so coverage of interest payments is not a concern.