Hokuetsu Industries Balance Sheet Health
Financial Health criteria checks 5/6
Hokuetsu Industries has a total shareholder equity of ¥39.6B and total debt of ¥8.8B, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are ¥64.0B and ¥24.5B respectively. Hokuetsu Industries's EBIT is ¥6.5B making its interest coverage ratio -40.7. It has cash and short-term investments of ¥19.0B.
Key information
22.3%
Debt to equity ratio
JP¥8.83b
Debt
| Interest coverage ratio | -40.7x |
| Cash | JP¥18.98b |
| Equity | JP¥39.55b |
| Total liabilities | JP¥24.50b |
| Total assets | JP¥64.05b |
Recent financial health updates
No updates
Recent updates
Hokuetsu Industries' (TSE:6364) Dividend Will Be ¥20.00
Sep 24
Hokuetsu Industries' (TSE:6364) Dividend Will Be ¥20.00
Sep 02Hokuetsu Industries (TSE:6364) Has Affirmed Its Dividend Of ¥20.00
Aug 19Slammed 30% Hokuetsu Industries Co., Ltd. (TSE:6364) Screens Well Here But There Might Be A Catch
Aug 05Hokuetsu Industries' (TSE:6364) Dividend Will Be ¥20.00
Jul 26Hokuetsu Industries (TSE:6364) Is Due To Pay A Dividend Of ¥20.00
Jul 11Hokuetsu Industries' (TSE:6364) Dividend Will Be ¥20.00
Mar 27Hokuetsu Industries (TSE:6364) Will Pay A Dividend Of ¥20.00
Mar 13Hokuetsu Industries (TSE:6364) Will Pay A Dividend Of ¥20.00
Feb 27Financial Position Analysis
Short Term Liabilities: 6364's short term assets (¥47.6B) exceed its short term liabilities (¥13.8B).
Long Term Liabilities: 6364's short term assets (¥47.6B) exceed its long term liabilities (¥10.7B).
Debt to Equity History and Analysis
Debt Level: 6364 has more cash than its total debt.
Reducing Debt: 6364's debt to equity ratio has increased from 5.9% to 22.3% over the past 5 years.
Debt Coverage: 6364's debt is well covered by operating cash flow (22.1%).
Interest Coverage: 6364 earns more interest than it pays, so coverage of interest payments is not a concern.