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
Hirakawa Hewtech (TSE:5821) Is Increasing Its Dividend To ¥23.00
Dec 11
We Think You Can Look Beyond Hirakawa Hewtech's (TSE:5821) Lackluster Earnings
Nov 19Hirakawa 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:16 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hirakawa Hewtech Corp. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Koichi Hariya | Ichiyoshi Research Institute Inc. |
| Hidekazu Miyahara | Marusan Securities Co. Ltd. |