Hisaka Works Balance Sheet Health
Financial Health criteria checks 4/6
Hisaka Works has a total shareholder equity of ¥59.9B and total debt of ¥5.0B, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ¥80.4B and ¥20.5B respectively. Hisaka Works's EBIT is ¥2.7B making its interest coverage ratio -7.1. It has cash and short-term investments of ¥9.9B.
Key information
8.3%
Debt to equity ratio
JP¥5.00b
Debt
| Interest coverage ratio | -7.1x |
| Cash | JP¥9.85b |
| Equity | JP¥59.88b |
| Total liabilities | JP¥20.52b |
| Total assets | JP¥80.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6247's short term assets (¥35.7B) exceed its short term liabilities (¥12.0B).
Long Term Liabilities: 6247's short term assets (¥35.7B) exceed its long term liabilities (¥8.6B).
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 0.2% to 8.3% over the past 5 years.
Debt Coverage: 6247's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 6247 earns more interest than it pays, so coverage of interest payments is not a concern.