Hoosiers Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Hoosiers Holdings has a total shareholder equity of ¥45.9B and total debt of ¥110.0B, which brings its debt-to-equity ratio to 239.8%. Its total assets and total liabilities are ¥174.9B and ¥129.0B respectively. Hoosiers Holdings's EBIT is ¥7.6B making its interest coverage ratio 7.4. It has cash and short-term investments of ¥25.8B.
Key information
239.8%
Debt to equity ratio
JP¥110.01b
Debt
| Interest coverage ratio | 7.4x |
| Cash | JP¥25.82b |
| Equity | JP¥45.88b |
| Total liabilities | JP¥128.97b |
| Total assets | JP¥174.85b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3284's short term assets (¥143.9B) exceed its short term liabilities (¥51.9B).
Long Term Liabilities: 3284's short term assets (¥143.9B) exceed its long term liabilities (¥77.1B).
Debt to Equity History and Analysis
Debt Level: 3284's net debt to equity ratio (183.5%) is considered high.
Reducing Debt: 3284's debt to equity ratio has increased from 209.1% to 239.8% over the past 5 years.
Debt Coverage: 3284's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3284's interest payments on its debt are well covered by EBIT (7.4x coverage).