Hamai Balance Sheet Health
Financial Health criteria checks 4/6
Hamai has a total shareholder equity of ¥3.2B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are ¥9.7B and ¥6.5B respectively. Hamai's EBIT is ¥493.0M making its interest coverage ratio 98.6. It has cash and short-term investments of ¥905.0M.
Key information
70.7%
Debt to equity ratio
JP¥2.23b
Debt
| Interest coverage ratio | 98.6x |
| Cash | JP¥905.00m |
| Equity | JP¥3.16b |
| Total liabilities | JP¥6.53b |
| Total assets | JP¥9.69b |
Recent financial health updates
No updates
Recent updates
Hamai's (TSE:6131) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 21
Investors Give Hamai Company Limited (TSE:6131) Shares A 36% Hiding
Aug 05Hamai's (TSE:6131) Shareholders May Want To Dig Deeper Than Statutory Profit
May 22Hamai (TSE:6131) Knows How To Allocate Capital
Apr 19Hamai Company Limited's (TSE:6131) Shares Leap 28% Yet They're Still Not Telling The Full Story
Feb 26Financial Position Analysis
Short Term Liabilities: 6131's short term assets (¥6.5B) exceed its short term liabilities (¥5.3B).
Long Term Liabilities: 6131's short term assets (¥6.5B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 6131's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: 6131's debt to equity ratio has reduced from 314% to 70.7% over the past 5 years.
Debt Coverage: 6131's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6131's interest payments on its debt are well covered by EBIT (98.6x coverage).