Hachi-Ban Balance Sheet Health
Financial Health criteria checks 5/6
Hachi-Ban has a total shareholder equity of ¥3.4B and total debt of ¥191.0M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ¥4.9B and ¥1.4B respectively. Hachi-Ban's EBIT is ¥318.0M making its interest coverage ratio -4.9. It has cash and short-term investments of ¥870.0M.
Key information
5.5%
Debt to equity ratio
JP¥191.00m
Debt
Interest coverage ratio | -4.9x |
Cash | JP¥870.00m |
Equity | JP¥3.44b |
Total liabilities | JP¥1.44b |
Total assets | JP¥4.88b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9950's short term assets (¥2.0B) exceed its short term liabilities (¥1.0B).
Long Term Liabilities: 9950's short term assets (¥2.0B) exceed its long term liabilities (¥434.0M).
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 5.5% over the past 5 years.
Debt Coverage: 9950's debt is well covered by operating cash flow (327.7%).
Interest Coverage: 9950 earns more interest than it pays, so coverage of interest payments is not a concern.