Hisaka Works Balance Sheet Health
Financial Health criteria checks 4/6
Hisaka Works has a total shareholder equity of ¥60.3B and total debt of ¥5.0B, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ¥82.0B and ¥21.7B respectively. Hisaka Works's EBIT is ¥2.5B making its interest coverage ratio -6.5. It has cash and short-term investments of ¥13.8B.
Key information
8.3%
Debt to equity ratio
JP¥5.00b
Debt
Interest coverage ratio | -6.5x |
Cash | JP¥13.84b |
Equity | JP¥60.30b |
Total liabilities | JP¥21.72b |
Total assets | JP¥82.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6247's short term assets (¥38.6B) exceed its short term liabilities (¥12.9B).
Long Term Liabilities: 6247's short term assets (¥38.6B) exceed its long term liabilities (¥8.8B).
Debt to Equity History and Analysis
Debt Level: 6247 has more cash than its total debt.
Reducing Debt: 6247's debt to equity ratio has increased from 0% to 8.3% over the past 5 years.
Debt Coverage: 6247's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6247 earns more interest than it pays, so coverage of interest payments is not a concern.