Hanwa Balance Sheet Health
Financial Health criteria checks 5/6
Hanwa has a total shareholder equity of ¥343.0B and total debt of ¥374.9B, which brings its debt-to-equity ratio to 109.3%. Its total assets and total liabilities are ¥1,152.7B and ¥809.7B respectively. Hanwa's EBIT is ¥50.5B making its interest coverage ratio 40.8. It has cash and short-term investments of ¥73.8B.
Key information
109.3%
Debt to equity ratio
JP¥374.89b
Debt
Interest coverage ratio | 40.8x |
Cash | JP¥73.81b |
Equity | JP¥343.01b |
Total liabilities | JP¥809.66b |
Total assets | JP¥1.15t |
Financial Position Analysis
Short Term Liabilities: 8078's short term assets (¥912.3B) exceed its short term liabilities (¥480.8B).
Long Term Liabilities: 8078's short term assets (¥912.3B) exceed its long term liabilities (¥328.9B).
Debt to Equity History and Analysis
Debt Level: 8078's net debt to equity ratio (87.8%) is considered high.
Reducing Debt: 8078's debt to equity ratio has reduced from 193.5% to 109.3% over the past 5 years.
Debt Coverage: 8078's debt is well covered by operating cash flow (42.4%).
Interest Coverage: 8078's interest payments on its debt are well covered by EBIT (40.8x coverage).