House Foods Group Balance Sheet Health
Financial Health criteria checks 5/6
House Foods Group has a total shareholder equity of ¥321.6B and total debt of ¥7.7B, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are ¥431.6B and ¥110.0B respectively. House Foods Group's EBIT is ¥19.5B making its interest coverage ratio -18.7. It has cash and short-term investments of ¥80.8B.
Key information
2.4%
Debt to equity ratio
JP¥7.72b
Debt
Interest coverage ratio | -18.7x |
Cash | JP¥80.76b |
Equity | JP¥321.61b |
Total liabilities | JP¥109.99b |
Total assets | JP¥431.60b |
Recent financial health updates
Recent updates
Return 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 (¥171.2B) exceed its short term liabilities (¥65.8B).
Long Term Liabilities: 2810's short term assets (¥171.2B) exceed its long term liabilities (¥44.2B).
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 1.5% to 2.4% over the past 5 years.
Debt Coverage: 2810's debt is well covered by operating cash flow (331.4%).
Interest Coverage: 2810 earns more interest than it pays, so coverage of interest payments is not a concern.