Heiwa PaperLtd Balance Sheet Health
Financial Health criteria checks 5/6
Heiwa PaperLtd has a total shareholder equity of ¥10.0B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are ¥18.6B and ¥8.6B respectively. Heiwa PaperLtd's EBIT is ¥154.0M making its interest coverage ratio -2.6. It has cash and short-term investments of ¥2.6B.
Key information
22.5%
Debt to equity ratio
JP¥2.25b
Debt
| Interest coverage ratio | -2.6x |
| Cash | JP¥2.56b |
| Equity | JP¥10.00b |
| Total liabilities | JP¥8.64b |
| Total assets | JP¥18.63b |
Recent financial health updates
No updates
Recent updates
Heiwa PaperLtd (TSE:9929) Has Announced A Dividend Of ¥6.00
Sep 19
Heiwa PaperLtd's (TSE:9929) Dividend Will Be ¥6.00
Jul 26Heiwa PaperLtd (TSE:9929) Has Announced A Dividend Of ¥6.00
Jul 12Heiwa PaperLtd (TSE:9929) Will Pay A Dividend Of ¥6.00
Mar 26Heiwa PaperLtd (TSE:9929) Is Due To Pay A Dividend Of ¥6.00
Mar 11Heiwa PaperLtd (TSE:9929) Is Paying Out A Dividend Of ¥6.00
Feb 26Financial Position Analysis
Short Term Liabilities: 9929's short term assets (¥12.5B) exceed its short term liabilities (¥7.6B).
Long Term Liabilities: 9929's short term assets (¥12.5B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 9929 has more cash than its total debt.
Reducing Debt: 9929's debt to equity ratio has reduced from 24.9% to 22.5% over the past 5 years.
Debt Coverage: 9929's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: 9929 earns more interest than it pays, so coverage of interest payments is not a concern.