HITO-Communications HoldingsInc Balance Sheet Health
Financial Health criteria checks 5/6
HITO-Communications HoldingsInc has a total shareholder equity of ¥19.5B and total debt of ¥10.1B, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are ¥40.2B and ¥20.8B respectively. HITO-Communications HoldingsInc's EBIT is ¥2.7B making its interest coverage ratio 304.1. It has cash and short-term investments of ¥15.2B.
Key information
52.1%
Debt to equity ratio
JP¥10.14b
Debt
Interest coverage ratio | 304.1x |
Cash | JP¥15.18b |
Equity | JP¥19.47b |
Total liabilities | JP¥20.77b |
Total assets | JP¥40.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4433's short term assets (¥27.0B) exceed its short term liabilities (¥11.5B).
Long Term Liabilities: 4433's short term assets (¥27.0B) exceed its long term liabilities (¥9.3B).
Debt to Equity History and Analysis
Debt Level: 4433 has more cash than its total debt.
Reducing Debt: 4433's debt to equity ratio has increased from 47.9% to 52.1% over the past 5 years.
Debt Coverage: 4433's debt is well covered by operating cash flow (28.6%).
Interest Coverage: 4433's interest payments on its debt are well covered by EBIT (304.1x coverage).