Hakuyosha Company Balance Sheet Health
Financial Health criteria checks 4/6
Hakuyosha Company has a total shareholder equity of ¥9.3B and total debt of ¥10.9B, which brings its debt-to-equity ratio to 117.5%. Its total assets and total liabilities are ¥33.2B and ¥23.9B respectively. Hakuyosha Company's EBIT is ¥2.0B making its interest coverage ratio 14.1. It has cash and short-term investments of ¥1.4B.
Key information
117.5%
Debt to equity ratio
JP¥10.91b
Debt
| Interest coverage ratio | 14.1x |
| Cash | JP¥1.38b |
| Equity | JP¥9.29b |
| Total liabilities | JP¥23.93b |
| Total assets | JP¥33.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9731's short term assets (¥11.9B) exceed its short term liabilities (¥11.1B).
Long Term Liabilities: 9731's short term assets (¥11.9B) do not cover its long term liabilities (¥12.8B).
Debt to Equity History and Analysis
Debt Level: 9731's net debt to equity ratio (102.6%) is considered high.
Reducing Debt: 9731's debt to equity ratio has reduced from 134% to 117.5% over the past 5 years.
Debt Coverage: 9731's debt is well covered by operating cash flow (22.5%).
Interest Coverage: 9731's interest payments on its debt are well covered by EBIT (14.1x coverage).