Hirata Balance Sheet Health
Financial Health criteria checks 4/6
Hirata has a total shareholder equity of ¥64.1B and total debt of ¥34.5B, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are ¥125.2B and ¥61.1B respectively. Hirata's EBIT is ¥7.4B making its interest coverage ratio 490. It has cash and short-term investments of ¥9.7B.
Key information
53.8%
Debt to equity ratio
JP¥34.47b
Debt
Interest coverage ratio | 490x |
Cash | JP¥9.74b |
Equity | JP¥64.12b |
Total liabilities | JP¥61.07b |
Total assets | JP¥125.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6258's short term assets (¥87.0B) exceed its short term liabilities (¥46.0B).
Long Term Liabilities: 6258's short term assets (¥87.0B) exceed its long term liabilities (¥15.1B).
Debt to Equity History and Analysis
Debt Level: 6258's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: 6258's debt to equity ratio has increased from 46.7% to 53.8% 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 (490x coverage).