Hokuto Balance Sheet Health
Financial Health criteria checks 6/6
Hokuto has a total shareholder equity of ¥52.6B and total debt of ¥36.6B, which brings its debt-to-equity ratio to 69.6%. Its total assets and total liabilities are ¥108.2B and ¥55.5B respectively. Hokuto's EBIT is ¥4.9B making its interest coverage ratio -36.1. It has cash and short-term investments of ¥21.8B.
Key information
69.6%
Debt to equity ratio
JP¥36.64b
Debt
| Interest coverage ratio | -36.1x |
| Cash | JP¥21.80b |
| Equity | JP¥52.64b |
| Total liabilities | JP¥55.53b |
| Total assets | JP¥108.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1379's short term assets (¥38.4B) exceed its short term liabilities (¥29.3B).
Long Term Liabilities: 1379's short term assets (¥38.4B) exceed its long term liabilities (¥26.2B).
Debt to Equity History and Analysis
Debt Level: 1379's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: 1379's debt to equity ratio has reduced from 81.8% to 69.6% over the past 5 years.
Debt Coverage: 1379's debt is well covered by operating cash flow (22.9%).
Interest Coverage: 1379 earns more interest than it pays, so coverage of interest payments is not a concern.