Hoden Seimitsu Kako Kenkyusho Balance Sheet Health
Financial Health criteria checks 6/6
Hoden Seimitsu Kako Kenkyusho has a total shareholder equity of ¥7.4B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are ¥17.1B and ¥9.7B respectively. Hoden Seimitsu Kako Kenkyusho's EBIT is ¥431.0M making its interest coverage ratio 13.1. It has cash and short-term investments of ¥3.2B.
Key information
60.1%
Debt to equity ratio
JP¥4.45b
Debt
| Interest coverage ratio | 13.1x |
| Cash | JP¥3.18b |
| Equity | JP¥7.41b |
| Total liabilities | JP¥9.72b |
| Total assets | JP¥17.13b |
Recent financial health updates
Recent updates
Hoden Seimitsu Kako Kenkyusho (TSE:6469) Could Be Struggling To Allocate Capital
Oct 03
Some Hoden Seimitsu Kako Kenkyusho Co., Ltd. (TSE:6469) Shareholders Look For Exit As Shares Take 28% Pounding
Aug 02Hoden Seimitsu Kako Kenkyusho's (TSE:6469) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jul 02Hoden Seimitsu Kako Kenkyusho's (TSE:6469) Shareholders Should Assess Earnings With Caution
Jun 01Why We're Not Concerned Yet About Hoden Seimitsu Kako Kenkyusho Co., Ltd.'s (TSE:6469) 26% Share Price Plunge
May 10Consider This Before Buying Hoden Seimitsu Kako Kenkyusho Co., Ltd. (TYO:6469) For The 3.4% Dividend
Mar 15Hoden Seimitsu Kako Kenkyusho (TYO:6469) Has Debt But No Earnings; Should You Worry?
Nov 30
Financial Position Analysis
Short Term Liabilities: 6469's short term assets (¥8.0B) exceed its short term liabilities (¥5.7B).
Long Term Liabilities: 6469's short term assets (¥8.0B) exceed its long term liabilities (¥4.0B).
Debt to Equity History and Analysis
Debt Level: 6469's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: 6469's debt to equity ratio has reduced from 65.5% to 60.1% over the past 5 years.
Debt Coverage: 6469's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 6469's interest payments on its debt are well covered by EBIT (13.1x coverage).