Hitachi Zosen Balance Sheet Health
Financial Health criteria checks 5/6
Hitachi Zosen has a total shareholder equity of ¥168.9B and total debt of ¥84.0B, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are ¥533.6B and ¥364.6B respectively. Hitachi Zosen's EBIT is ¥24.3B making its interest coverage ratio -201. It has cash and short-term investments of ¥71.6B.
Key information
49.7%
Debt to equity ratio
JP¥84.03b
Debt
Interest coverage ratio | -201x |
Cash | JP¥71.61b |
Equity | JP¥168.95b |
Total liabilities | JP¥364.65b |
Total assets | JP¥533.59b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7004's short term assets (¥347.1B) exceed its short term liabilities (¥273.7B).
Long Term Liabilities: 7004's short term assets (¥347.1B) exceed its long term liabilities (¥91.0B).
Debt to Equity History and Analysis
Debt Level: 7004's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: 7004's debt to equity ratio has reduced from 103.7% to 49.7% over the past 5 years.
Debt Coverage: 7004's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: 7004 earns more interest than it pays, so coverage of interest payments is not a concern.