Hakuyosha Company Balance Sheet Health
Financial Health criteria checks 1/6
Hakuyosha Company has a total shareholder equity of ¥8.4B and total debt of ¥12.0B, which brings its debt-to-equity ratio to 143%. Its total assets and total liabilities are ¥33.2B and ¥24.8B respectively. Hakuyosha Company's EBIT is ¥1.8B making its interest coverage ratio 12.9. It has cash and short-term investments of ¥1.4B.
Key information
143.0%
Debt to equity ratio
JP¥11.97b
Debt
Interest coverage ratio | 12.9x |
Cash | JP¥1.43b |
Equity | JP¥8.37b |
Total liabilities | JP¥24.78b |
Total assets | JP¥33.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9731's short term assets (¥11.6B) do not cover its short term liabilities (¥12.2B).
Long Term Liabilities: 9731's short term assets (¥11.6B) do not cover its long term liabilities (¥12.6B).
Debt to Equity History and Analysis
Debt Level: 9731's net debt to equity ratio (125.9%) is considered high.
Reducing Debt: 9731's debt to equity ratio has increased from 129.9% to 143% over the past 5 years.
Debt Coverage: 9731's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: 9731's interest payments on its debt are well covered by EBIT (12.9x coverage).