Hokuto Balance Sheet Health
Financial Health criteria checks 4/6
Hokuto has a total shareholder equity of ¥52.1B and total debt of ¥31.1B, which brings its debt-to-equity ratio to 59.6%. Its total assets and total liabilities are ¥103.9B and ¥51.8B respectively. Hokuto's EBIT is ¥1.6B making its interest coverage ratio -23.8. It has cash and short-term investments of ¥13.7B.
Key information
59.6%
Debt to equity ratio
JP¥31.06b
Debt
Interest coverage ratio | -23.8x |
Cash | JP¥13.72b |
Equity | JP¥52.10b |
Total liabilities | JP¥51.84b |
Total assets | JP¥103.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1379's short term assets (¥31.8B) do not cover its short term liabilities (¥33.3B).
Long Term Liabilities: 1379's short term assets (¥31.8B) exceed its long term liabilities (¥18.5B).
Debt to Equity History and Analysis
Debt Level: 1379's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: 1379's debt to equity ratio has reduced from 82% to 59.6% over the past 5 years.
Debt Coverage: 1379's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 1379 earns more interest than it pays, so coverage of interest payments is not a concern.