HIRANO TECSEEDLtd Balance Sheet Health
Financial Health criteria checks 5/6
HIRANO TECSEEDLtd has a total shareholder equity of ¥38.3B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are ¥64.2B and ¥25.9B respectively. HIRANO TECSEEDLtd's EBIT is ¥2.9B making its interest coverage ratio -44. It has cash and short-term investments of ¥10.1B.
Key information
23.6%
Debt to equity ratio
JP¥9.02b
Debt
| Interest coverage ratio | -44x |
| Cash | JP¥10.06b |
| Equity | JP¥38.28b |
| Total liabilities | JP¥25.92b |
| Total assets | JP¥64.20b |
Financial Position Analysis
Short Term Liabilities: 6245's short term assets (¥50.5B) exceed its short term liabilities (¥24.5B).
Long Term Liabilities: 6245's short term assets (¥50.5B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 6245 has more cash than its total debt.
Reducing Debt: 6245's debt to equity ratio has increased from 3.5% to 23.6% over the past 5 years.
Debt Coverage: 6245's debt is well covered by operating cash flow (61.3%).
Interest Coverage: 6245 earns more interest than it pays, so coverage of interest payments is not a concern.