Hitachi Zosen Balance Sheet Health
Financial Health criteria checks 5/6
Hitachi Zosen has a total shareholder equity of ¥148.5B and total debt of ¥82.3B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are ¥469.4B and ¥320.9B respectively. Hitachi Zosen's EBIT is ¥23.7B making its interest coverage ratio -196.2. It has cash and short-term investments of ¥59.9B.
Key information
55.4%
Debt to equity ratio
JP¥82.27b
Debt
Interest coverage ratio | -196.2x |
Cash | JP¥59.91b |
Equity | JP¥148.46b |
Total liabilities | JP¥320.92b |
Total assets | JP¥469.38b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7004's short term assets (¥297.7B) exceed its short term liabilities (¥227.8B).
Long Term Liabilities: 7004's short term assets (¥297.7B) exceed its long term liabilities (¥93.1B).
Debt to Equity History and Analysis
Debt Level: 7004's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: 7004's debt to equity ratio has reduced from 124.9% to 55.4% over the past 5 years.
Debt Coverage: 7004's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: 7004 earns more interest than it pays, so coverage of interest payments is not a concern.