Hitachi Balance Sheet Health
Financial Health criteria checks 6/6
Hitachi has a total shareholder equity of ¥5,655.6B and total debt of ¥1,529.1B, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are ¥12,568.6B and ¥6,913.0B respectively. Hitachi's EBIT is ¥922.2B making its interest coverage ratio 68.8. It has cash and short-term investments of ¥1,099.7B.
Key information
27.0%
Debt to equity ratio
JP¥1.53t
Debt
| Interest coverage ratio | 68.8x |
| Cash | JP¥1.10t |
| Equity | JP¥5.66t |
| Total liabilities | JP¥6.91t |
| Total assets | JP¥12.57t |
Recent financial health updates
Recent updates
Hitachi, Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 15
Hitachi, Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 01Hitachi (TSE:6501) Seems To Use Debt Quite Sensibly
Sep 10An Intrinsic Calculation For Hitachi, Ltd. (TSE:6501) Suggests It's 36% Undervalued
Aug 23Hitachi, Ltd. (TSE:6501) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
Aug 06Results: Hitachi, Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 03An Intrinsic Calculation For Hitachi, Ltd. (TSE:6501) Suggests It's 44% Undervalued
May 22Hitachi, Ltd.'s (TSE:6501) Share Price Not Quite Adding Up
Apr 23Financial Position Analysis
Short Term Liabilities: 6501's short term assets (¥6,148.2B) exceed its short term liabilities (¥5,325.0B).
Long Term Liabilities: 6501's short term assets (¥6,148.2B) exceed its long term liabilities (¥1,588.0B).
Debt to Equity History and Analysis
Debt Level: 6501's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: 6501's debt to equity ratio has reduced from 31.2% to 27% over the past 5 years.
Debt Coverage: 6501's debt is well covered by operating cash flow (63%).
Interest Coverage: 6501's interest payments on its debt are well covered by EBIT (68.8x coverage).