House Foods Group Balance Sheet Health
Financial Health criteria checks 5/6
House Foods Group has a total shareholder equity of ¥323.1B and total debt of ¥9.3B, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are ¥426.5B and ¥103.4B respectively. House Foods Group's EBIT is ¥20.0B making its interest coverage ratio -15.6. It has cash and short-term investments of ¥76.1B.
Key information
2.9%
Debt to equity ratio
JP¥9.31b
Debt
| Interest coverage ratio | -15.6x |
| Cash | JP¥76.15b |
| Equity | JP¥323.12b |
| Total liabilities | JP¥103.37b |
| Total assets | JP¥426.49b |
Recent financial health updates
Does House Foods Group (TSE:2810) Have A Healthy Balance Sheet?
Aug 26
These 4 Measures Indicate That House Foods Group (TSE:2810) Is Using Debt Reasonably Well
May 10Recent updates
House Foods Group's (TSE:2810) Conservative Accounting Might Explain Soft Earnings
Nov 19House Foods Group's (TSE:2810) Dividend Will Be ¥24.00
Sep 24Estimating The Intrinsic Value Of House Foods Group Inc. (TSE:2810)
Sep 11Does House Foods Group (TSE:2810) Have A Healthy Balance Sheet?
Aug 26Analysts Have Made A Financial Statement On House Foods Group Inc.'s (TSE:2810) First-Quarter Report
Aug 04House Foods Group's (TSE:2810) Dividend Will Be ¥24.00
Jul 25House Foods Group's (TSE:2810) Dividend Will Be ¥24.00
Jul 11Return Trends At House Foods Group (TSE:2810) Aren't Appealing
Jun 18We Think That There Are Issues Underlying House Foods Group's (TSE:2810) Earnings
May 21These 4 Measures Indicate That House Foods Group (TSE:2810) Is Using Debt Reasonably Well
May 10Here's Why We Think House Foods Group (TSE:2810) Is Well Worth Watching
Mar 05Financial Position Analysis
Short Term Liabilities: 2810's short term assets (¥168.5B) exceed its short term liabilities (¥58.7B).
Long Term Liabilities: 2810's short term assets (¥168.5B) exceed its long term liabilities (¥44.6B).
Debt to Equity History and Analysis
Debt Level: 2810 has more cash than its total debt.
Reducing Debt: 2810's debt to equity ratio has increased from 1.4% to 2.9% over the past 5 years.
Debt Coverage: 2810's debt is well covered by operating cash flow (259.3%).
Interest Coverage: 2810 earns more interest than it pays, so coverage of interest payments is not a concern.