Hikari Tsushin Balance Sheet Health
Financial Health criteria checks 3/6
Hikari Tsushin has a total shareholder equity of ¥857.1B and total debt of ¥829.0B, which brings its debt-to-equity ratio to 96.7%. Its total assets and total liabilities are ¥2,122.4B and ¥1,265.3B respectively. Hikari Tsushin's EBIT is ¥104.4B making its interest coverage ratio 18.6. It has cash and short-term investments of ¥391.1B.
Key information
96.7%
Debt to equity ratio
JP¥829.00b
Debt
| Interest coverage ratio | 18.6x |
| Cash | JP¥391.05b |
| Equity | JP¥857.10b |
| Total liabilities | JP¥1.27t |
| Total assets | JP¥2.12t |
Recent financial health updates
Is Hikari Tsushin (TSE:9435) Using Too Much Debt?
Oct 08
Hikari Tsushin (TSE:9435) Has A Pretty Healthy Balance Sheet
Apr 29Recent updates
Hikari Tsushin (TSE:9435) Will Pay A Dividend Of ¥161.00
Dec 08Hikari Tsushin (TSE:9435) Might Be Having Difficulty Using Its Capital Effectively
Nov 30Do Hikari Tsushin's (TSE:9435) Earnings Warrant Your Attention?
Nov 07Is Hikari Tsushin (TSE:9435) Using Too Much Debt?
Oct 08Hikari Tsushin, Inc. (TSE:9435) Held Back By Insufficient Growth Even After Shares Climb 26%
Sep 04Hikari Tsushin (TSE:9435) Could Be Struggling To Allocate Capital
Aug 12If EPS Growth Is Important To You, Hikari Tsushin (TSE:9435) Presents An Opportunity
Jul 27Benign Growth For Hikari Tsushin, Inc. (TSE:9435) Underpins Its Share Price
Jul 11Hikari Tsushin (TSE:9435) Has A Pretty Healthy Balance Sheet
Apr 29Why Investors Shouldn't Be Surprised By Hikari Tsushin, Inc.'s (TSE:9435) Low P/E
Mar 17Financial Position Analysis
Short Term Liabilities: 9435's short term assets (¥742.1B) exceed its short term liabilities (¥380.8B).
Long Term Liabilities: 9435's short term assets (¥742.1B) do not cover its long term liabilities (¥884.5B).
Debt to Equity History and Analysis
Debt Level: 9435's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: 9435's debt to equity ratio has reduced from 113.1% to 96.7% over the past 5 years.
Debt Coverage: 9435's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: 9435's interest payments on its debt are well covered by EBIT (18.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 15:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hikari Tsushin, Inc. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Company Forecast |
| Yoshio Ando | Daiwa Securities Co. Ltd. |
| Kazuki Tokunaga | Daiwa Securities Co. Ltd. |