Hayashikane Sangyo Co.,Ltd.

TSE:2286 Stock Report

Market Cap: JP¥4.5b

Hayashikane SangyoLtd Balance Sheet Health

Financial Health criteria checks 5/6

Hayashikane SangyoLtd has a total shareholder equity of ¥11.1B and total debt of ¥7.5B, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are ¥29.0B and ¥18.0B respectively. Hayashikane SangyoLtd's EBIT is ¥699.0M making its interest coverage ratio -28. It has cash and short-term investments of ¥2.5B.

Key information

67.6%

Debt to equity ratio

JP¥7.50b

Debt

Interest coverage ratio-28x
CashJP¥2.51b
EquityJP¥11.09b
Total liabilitiesJP¥17.95b
Total assetsJP¥29.04b

Recent financial health updates

No updates

Recent updates

Solid Earnings Reflect Hayashikane SangyoLtd's (TSE:2286) Strength As A Business

May 22
Solid Earnings Reflect Hayashikane SangyoLtd's (TSE:2286) Strength As A Business

Financial Position Analysis

Short Term Liabilities: 2286's short term assets (¥15.7B) exceed its short term liabilities (¥12.9B).

Long Term Liabilities: 2286's short term assets (¥15.7B) exceed its long term liabilities (¥5.1B).


Debt to Equity History and Analysis

Debt Level: 2286's net debt to equity ratio (45%) is considered high.

Reducing Debt: 2286's debt to equity ratio has reduced from 129.3% to 67.6% over the past 5 years.

Debt Coverage: 2286's debt is well covered by operating cash flow (47.7%).

Interest Coverage: 2286 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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