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 ¥20.7B making its interest coverage ratio -16.1. 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 | -16.1x |
| 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:49 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
House Foods Group Inc. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Company Forecast |
| Tokushi Yamasaki | Daiwa Securities Co. Ltd. |
| Katsunori Tanaka | Goldman Sachs |