Hoden Seimitsu Kako Kenkyusho Balance Sheet Health
Financial Health criteria checks 4/6
Hoden Seimitsu Kako Kenkyusho has a total shareholder equity of ¥7.2B and total debt of ¥5.8B, which brings its debt-to-equity ratio to 80.9%. Its total assets and total liabilities are ¥18.0B and ¥10.7B respectively. Hoden Seimitsu Kako Kenkyusho's EBIT is ¥230.0M making its interest coverage ratio 8.2. It has cash and short-term investments of ¥4.1B.
Key information
80.9%
Debt to equity ratio
JP¥5.85b
Debt
Interest coverage ratio | 8.2x |
Cash | JP¥4.13b |
Equity | JP¥7.23b |
Total liabilities | JP¥10.75b |
Total assets | JP¥17.97b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6469's short term assets (¥9.0B) exceed its short term liabilities (¥6.7B).
Long Term Liabilities: 6469's short term assets (¥9.0B) exceed its long term liabilities (¥4.0B).
Debt to Equity History and Analysis
Debt Level: 6469's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: 6469's debt to equity ratio has increased from 42.8% to 80.9% over the past 5 years.
Debt Coverage: 6469's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 6469's interest payments on its debt are well covered by EBIT (8.2x coverage).