Hirata Balance Sheet Health
Financial Health criteria checks 3/6
Hirata has a total shareholder equity of ¥67.1B and total debt of ¥36.3B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are ¥127.8B and ¥60.8B respectively. Hirata's EBIT is ¥5.7B making its interest coverage ratio 66.3. It has cash and short-term investments of ¥8.5B.
Key information
54.1%
Debt to equity ratio
JP¥36.26b
Debt
| Interest coverage ratio | 66.3x |
| Cash | JP¥8.46b |
| Equity | JP¥67.08b |
| Total liabilities | JP¥60.77b |
| Total assets | JP¥127.84b |
Recent financial health updates
No updates
Recent updates
Hirata's (TSE:6258) Anemic Earnings Might Be Worse Than You Think
Nov 19
Hirata's (TSE:6258) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 11Hirata Corporation (TSE:6258) Might Not Be As Mispriced As It Looks
Jul 25We Think You Should Be Aware Of Some Concerning Factors In Hirata's (TSE:6258) Earnings
May 21Hirata's (TSE:6258) Dividend Will Be Increased To ¥100.00
Mar 11There's Reason For Concern Over Hirata Corporation's (TSE:6258) Massive 26% Price Jump
Mar 06Hirata (TSE:6258) Is Increasing Its Dividend To ¥100.00
Feb 26Financial Position Analysis
Short Term Liabilities: 6258's short term assets (¥85.6B) exceed its short term liabilities (¥42.0B).
Long Term Liabilities: 6258's short term assets (¥85.6B) exceed its long term liabilities (¥18.7B).
Debt to Equity History and Analysis
Debt Level: 6258's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: 6258's debt to equity ratio has increased from 34.1% to 54.1% over the past 5 years.
Debt Coverage: 6258's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6258's interest payments on its debt are well covered by EBIT (66.3x coverage).