Harmonic Drive Systems Balance Sheet Health
Financial Health criteria checks 4/6
Harmonic Drive Systems has a total shareholder equity of ¥80.9B and total debt of ¥17.2B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ¥118.4B and ¥37.5B respectively.
Key information
21.2%
Debt to equity ratio
JP¥17.15b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥19.80b |
| Equity | JP¥80.92b |
| Total liabilities | JP¥37.46b |
| Total assets | JP¥118.37b |
Recent financial health updates
Is Harmonic Drive Systems (TSE:6324) Using Debt Sensibly?
Oct 07
We Think Harmonic Drive Systems (TSE:6324) Can Stay On Top Of Its Debt
May 25Is Harmonic Drive Systems (TYO:6324) Using Debt Sensibly?
Apr 06Recent updates
Harmonic Drive Systems Inc. (TSE:6324) Looks Just Right With A 29% Price Jump
Dec 18Harmonic Drive Systems Inc. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Nov 15Harmonic Drive Systems Inc. (TSE:6324) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless
Oct 27Is Harmonic Drive Systems (TSE:6324) Using Debt Sensibly?
Oct 07Revenues Tell The Story For Harmonic Drive Systems Inc. (TSE:6324)
Sep 06Investors Could Be Concerned With Harmonic Drive Systems' (TSE:6324) Returns On Capital
Jul 19We Think Harmonic Drive Systems (TSE:6324) Can Stay On Top Of Its Debt
May 25Harmonic Drive Systems' (TSE:6324) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 16Estimating The Intrinsic Value Of Harmonic Drive Systems Inc. (TSE:6324)
Mar 31Is Harmonic Drive Systems (TYO:6324) Using Debt Sensibly?
Apr 06Financial Position Analysis
Short Term Liabilities: 6324's short term assets (¥47.5B) exceed its short term liabilities (¥11.6B).
Long Term Liabilities: 6324's short term assets (¥47.5B) exceed its long term liabilities (¥25.9B).
Debt to Equity History and Analysis
Debt Level: 6324 has more cash than its total debt.
Reducing Debt: 6324's debt to equity ratio has increased from 6.3% to 21.2% over the past 5 years.
Debt Coverage: 6324's debt is well covered by operating cash flow (44.6%).
Interest Coverage: Insufficient data to determine if 6324's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Harmonic Drive Systems Inc. is covered by 17 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Graeme McDonald | Citigroup Inc |
| Yoshiyasu Takemura | Credit Suisse |
| Yuichiro Isayama | Goldman Sachs |