HeiwadoLtd Balance Sheet Health
Financial Health criteria checks 5/6
HeiwadoLtd has a total shareholder equity of ¥187.5B and total debt of ¥23.6B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ¥304.3B and ¥116.8B respectively. HeiwadoLtd's EBIT is ¥13.4B making its interest coverage ratio -56.2. It has cash and short-term investments of ¥26.4B.
Key information
12.6%
Debt to equity ratio
JP¥23.55b
Debt
| Interest coverage ratio | -56.2x |
| Cash | JP¥26.42b |
| Equity | JP¥187.53b |
| Total liabilities | JP¥116.76b |
| Total assets | JP¥304.29b |
Recent financial health updates
No updates
Recent updates
HeiwadoLtd's (TSE:8276) Upcoming Dividend Will Be Larger Than Last Year's
Aug 18
HeiwadoLtd (TSE:8276) Is Paying Out A Larger Dividend Than Last Year
Jul 22HeiwadoLtd (TSE:8276) Will Pay A Larger Dividend Than Last Year At ¥30.00
Jul 05HeiwadoLtd's (TSE:8276) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 21HeiwadoLtd (TSE:8276) Is Increasing Its Dividend To ¥30.00
Jun 07HeiwadoLtd's (TSE:8276) Soft Earnings Are Actually Better Than They Appear
Apr 11Financial Position Analysis
Short Term Liabilities: 8276's short term assets (¥62.9B) do not cover its short term liabilities (¥82.0B).
Long Term Liabilities: 8276's short term assets (¥62.9B) exceed its long term liabilities (¥34.8B).
Debt to Equity History and Analysis
Debt Level: 8276 has more cash than its total debt.
Reducing Debt: 8276's debt to equity ratio has reduced from 28.5% to 12.6% over the past 5 years.
Debt Coverage: 8276's debt is well covered by operating cash flow (96.4%).
Interest Coverage: 8276 earns more interest than it pays, so coverage of interest payments is not a concern.