Hachi-Ban Balance Sheet Health
Financial Health criteria checks 5/6
Hachi-Ban has a total shareholder equity of ¥3.7B and total debt of ¥739.0M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are ¥5.8B and ¥2.1B respectively. Hachi-Ban's EBIT is ¥247.0M making its interest coverage ratio -2.8. It has cash and short-term investments of ¥1.2B.
Key information
20.0%
Debt to equity ratio
JP¥739.00m
Debt
| Interest coverage ratio | -2.8x |
| Cash | JP¥1.19b |
| Equity | JP¥3.70b |
| Total liabilities | JP¥2.10b |
| Total assets | JP¥5.80b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9950's short term assets (¥2.4B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 9950's short term assets (¥2.4B) exceed its long term liabilities (¥764.0M).
Debt to Equity History and Analysis
Debt Level: 9950 has more cash than its total debt.
Reducing Debt: 9950's debt to equity ratio has increased from 0% to 20% over the past 5 years.
Debt Coverage: 9950's debt is well covered by operating cash flow (49%).
Interest Coverage: 9950 earns more interest than it pays, so coverage of interest payments is not a concern.