Hitachi Construction Machinery Balance Sheet Health
Financial Health criteria checks 3/6
Hitachi Construction Machinery has a total shareholder equity of ¥814.4B and total debt of ¥579.3B, which brings its debt-to-equity ratio to 71.1%. Its total assets and total liabilities are ¥1,835.0B and ¥1,020.6B respectively. Hitachi Construction Machinery's EBIT is ¥162.7B making its interest coverage ratio 28.8. It has cash and short-term investments of ¥177.1B.
Key information
71.1%
Debt to equity ratio
JP¥579.30b
Debt
| Interest coverage ratio | 28.8x |
| Cash | JP¥177.07b |
| Equity | JP¥814.41b |
| Total liabilities | JP¥1.02t |
| Total assets | JP¥1.84t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6305's short term assets (¥1,077.6B) exceed its short term liabilities (¥722.3B).
Long Term Liabilities: 6305's short term assets (¥1,077.6B) exceed its long term liabilities (¥298.3B).
Debt to Equity History and Analysis
Debt Level: 6305's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: 6305's debt to equity ratio has increased from 59.2% to 71.1% over the past 5 years.
Debt Coverage: 6305's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: 6305's interest payments on its debt are well covered by EBIT (28.8x coverage).