Hiday Hidaka Balance Sheet Health
Financial Health criteria checks 6/6
Hiday Hidaka has a total shareholder equity of ¥25.1B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥33.3B and ¥8.2B respectively. Hiday Hidaka's EBIT is ¥4.6B making its interest coverage ratio -1546. It has cash and short-term investments of ¥14.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -1546x |
Cash | JP¥14.81b |
Equity | JP¥25.11b |
Total liabilities | JP¥8.15b |
Total assets | JP¥33.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7611's short term assets (¥17.2B) exceed its short term liabilities (¥6.3B).
Long Term Liabilities: 7611's short term assets (¥17.2B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 7611 is debt free.
Reducing Debt: 7611 had no debt 5 years ago.
Debt Coverage: 7611 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7611 has no debt, therefore coverage of interest payments is not a concern.