Hokuetsu Industries Balance Sheet Health
Financial Health criteria checks 5/6
Hokuetsu Industries has a total shareholder equity of ¥38.5B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ¥58.2B and ¥19.7B respectively. Hokuetsu Industries's EBIT is ¥6.4B making its interest coverage ratio -37.7. It has cash and short-term investments of ¥11.7B.
Key information
7.6%
Debt to equity ratio
JP¥2.94b
Debt
| Interest coverage ratio | -37.7x |
| Cash | JP¥11.67b |
| Equity | JP¥38.50b |
| Total liabilities | JP¥19.66b |
| Total assets | JP¥58.16b |
Recent financial health updates
No updates
Recent updates
Hokuetsu Industries' (TSE:6364) Dividend Will Be ¥20.00
Sep 02
Hokuetsu 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 (¥41.5B) exceed its short term liabilities (¥16.0B).
Long Term Liabilities: 6364's short term assets (¥41.5B) exceed its long term liabilities (¥3.7B).
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 6.1% to 7.6% over the past 5 years.
Debt Coverage: 6364's debt is well covered by operating cash flow (135.1%).
Interest Coverage: 6364 earns more interest than it pays, so coverage of interest payments is not a concern.