Hiday Hidaka Balance Sheet Health
Financial Health criteria checks 6/6
Hiday Hidaka has a total shareholder equity of ¥26.3B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥34.5B and ¥8.1B respectively. Hiday Hidaka's EBIT is ¥5.0B making its interest coverage ratio -1003.2. It has cash and short-term investments of ¥15.5B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -1003.2x |
| Cash | JP¥15.50b |
| Equity | JP¥26.32b |
| Total liabilities | JP¥8.15b |
| Total assets | JP¥34.47b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7611's short term assets (¥18.3B) exceed its short term liabilities (¥6.3B).
Long Term Liabilities: 7611's short term assets (¥18.3B) exceed its long term liabilities (¥1.9B).
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.