Hitachi Construction Machinery Balance Sheet Health
Financial Health criteria checks 3/6
Hitachi Construction Machinery has a total shareholder equity of ¥816.3B and total debt of ¥556.4B, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are ¥1,752.5B and ¥936.2B respectively. Hitachi Construction Machinery's EBIT is ¥156.9B making its interest coverage ratio 6.5. It has cash and short-term investments of ¥144.7B.
Key information
68.2%
Debt to equity ratio
JP¥556.37b
Debt
Interest coverage ratio | 6.5x |
Cash | JP¥144.67b |
Equity | JP¥816.35b |
Total liabilities | JP¥936.20b |
Total assets | JP¥1.75t |
Recent financial health updates
Hitachi Construction Machinery (TSE:6305) Has A Pretty Healthy Balance Sheet
Jul 16We Think Hitachi Construction Machinery (TSE:6305) Can Stay On Top Of Its Debt
Mar 13Recent updates
Are Investors Undervaluing Hitachi Construction Machinery Co., Ltd. (TSE:6305) By 49%?
Oct 08Here's What To Make Of Hitachi Construction Machinery's (TSE:6305) Decelerating Rates Of Return
Sep 17Investors Don't See Light At End Of Hitachi Construction Machinery Co., Ltd.'s (TSE:6305) Tunnel And Push Stock Down 35%
Aug 05Hitachi Construction Machinery (TSE:6305) Has A Pretty Healthy Balance Sheet
Jul 16Are Investors Undervaluing Hitachi Construction Machinery Co., Ltd. (TSE:6305) By 50%?
Jun 19Is It Time To Consider Buying Hitachi Construction Machinery Co., Ltd. (TSE:6305)?
Jun 05Benign Growth For Hitachi Construction Machinery Co., Ltd. (TSE:6305) Underpins Its Share Price
May 23Hitachi Construction Machinery (TSE:6305) Has Some Way To Go To Become A Multi-Bagger
Apr 22We Think Hitachi Construction Machinery (TSE:6305) Can Stay On Top Of Its Debt
Mar 13Is It Too Late To Consider Buying Hitachi Construction Machinery Co., Ltd. (TSE:6305)?
Feb 28Financial Position Analysis
Short Term Liabilities: 6305's short term assets (¥1,003.6B) exceed its short term liabilities (¥610.3B).
Long Term Liabilities: 6305's short term assets (¥1,003.6B) exceed its long term liabilities (¥325.9B).
Debt to Equity History and Analysis
Debt Level: 6305's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: 6305's debt to equity ratio has increased from 65.3% to 68.2% over the past 5 years.
Debt Coverage: 6305's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 6305's interest payments on its debt are well covered by EBIT (6.5x coverage).