HOTLANDLtd Balance Sheet Health
Financial Health criteria checks 6/6
HOTLANDLtd has a total shareholder equity of ¥10.8B and total debt of ¥5.5B, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are ¥23.7B and ¥13.0B respectively. HOTLANDLtd's EBIT is ¥2.2B making its interest coverage ratio 76.5. It has cash and short-term investments of ¥2.9B.
Key information
50.7%
Debt to equity ratio
JP¥5.45b
Debt
Interest coverage ratio | 76.5x |
Cash | JP¥2.86b |
Equity | JP¥10.76b |
Total liabilities | JP¥12.96b |
Total assets | JP¥23.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3196's short term assets (¥10.1B) exceed its short term liabilities (¥9.1B).
Long Term Liabilities: 3196's short term assets (¥10.1B) exceed its long term liabilities (¥3.9B).
Debt to Equity History and Analysis
Debt Level: 3196's net debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: 3196's debt to equity ratio has reduced from 203.9% to 50.7% over the past 5 years.
Debt Coverage: 3196's debt is well covered by operating cash flow (53.9%).
Interest Coverage: 3196's interest payments on its debt are well covered by EBIT (76.5x coverage).