H.I.S Balance Sheet Health
Financial Health criteria checks 2/6
H.I.S has a total shareholder equity of ¥62.7B and total debt of ¥251.0B, which brings its debt-to-equity ratio to 400%. Its total assets and total liabilities are ¥448.9B and ¥386.2B respectively. H.I.S's EBIT is ¥8.4B making its interest coverage ratio 8.7. It has cash and short-term investments of ¥162.8B.
Key information
400.0%
Debt to equity ratio
JP¥250.97b
Debt
Interest coverage ratio | 8.7x |
Cash | JP¥162.82b |
Equity | JP¥62.74b |
Total liabilities | JP¥386.18b |
Total assets | JP¥448.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9603's short term assets (¥228.5B) do not cover its short term liabilities (¥230.0B).
Long Term Liabilities: 9603's short term assets (¥228.5B) exceed its long term liabilities (¥156.2B).
Debt to Equity History and Analysis
Debt Level: 9603's net debt to equity ratio (140.5%) is considered high.
Reducing Debt: 9603's debt to equity ratio has increased from 219.8% to 400% over the past 5 years.
Debt Coverage: 9603's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 9603's interest payments on its debt are well covered by EBIT (8.7x coverage).