Hiramatsu Balance Sheet Health
Financial Health criteria checks 3/6
Hiramatsu has a total shareholder equity of ¥4.3B and total debt of ¥14.5B, which brings its debt-to-equity ratio to 338.8%. Its total assets and total liabilities are ¥21.5B and ¥17.2B respectively. Hiramatsu's EBIT is ¥233.0M making its interest coverage ratio 2.5. It has cash and short-term investments of ¥5.6B.
Key information
338.8%
Debt to equity ratio
JP¥14.52b
Debt
| Interest coverage ratio | 2.5x |
| Cash | JP¥5.59b |
| Equity | JP¥4.29b |
| Total liabilities | JP¥17.23b |
| Total assets | JP¥21.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2764's short term assets (¥8.1B) do not cover its short term liabilities (¥17.0B).
Long Term Liabilities: 2764's short term assets (¥8.1B) exceed its long term liabilities (¥236.0M).
Debt to Equity History and Analysis
Debt Level: 2764's net debt to equity ratio (208.5%) is considered high.
Reducing Debt: 2764's debt to equity ratio has increased from 94.2% to 338.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 2764 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2764 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.9% per year.