Hagihara Industries Balance Sheet Health
Financial Health criteria checks 5/6
Hagihara Industries has a total shareholder equity of ¥27.7B and total debt of ¥6.4B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are ¥42.2B and ¥14.5B respectively. Hagihara Industries's EBIT is ¥2.3B making its interest coverage ratio 88.7. It has cash and short-term investments of ¥5.2B.
Key information
23.2%
Debt to equity ratio
JP¥6.43b
Debt
Interest coverage ratio | 88.7x |
Cash | JP¥5.23b |
Equity | JP¥27.73b |
Total liabilities | JP¥14.48b |
Total assets | JP¥42.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7856's short term assets (¥22.7B) exceed its short term liabilities (¥9.3B).
Long Term Liabilities: 7856's short term assets (¥22.7B) exceed its long term liabilities (¥5.2B).
Debt to Equity History and Analysis
Debt Level: 7856's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 7856's debt to equity ratio has increased from 13.2% to 23.2% over the past 5 years.
Debt Coverage: 7856's debt is well covered by operating cash flow (71.2%).
Interest Coverage: 7856's interest payments on its debt are well covered by EBIT (88.7x coverage).