House Foods Group Balance Sheet Health
Financial Health criteria checks 5/6
House Foods Group has a total shareholder equity of ¥325.5B and total debt of ¥6.8B, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥427.2B and ¥101.7B respectively. House Foods Group's EBIT is ¥19.4B making its interest coverage ratio -17. It has cash and short-term investments of ¥74.8B.
Key information
2.1%
Debt to equity ratio
JP¥6.76b
Debt
| Interest coverage ratio | -17x |
| Cash | JP¥74.77b |
| Equity | JP¥325.48b |
| Total liabilities | JP¥101.67b |
| Total assets | JP¥427.15b |
Recent financial health updates
Recent updates
Analysts Have Made A Financial Statement On House Foods Group Inc.'s (TSE:2810) First-Quarter Report
Aug 04
House 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 (¥167.0B) exceed its short term liabilities (¥57.9B).
Long Term Liabilities: 2810's short term assets (¥167.0B) exceed its long term liabilities (¥43.8B).
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 2.1% over the past 5 years.
Debt Coverage: 2810's debt is well covered by operating cash flow (378.2%).
Interest Coverage: 2810 earns more interest than it pays, so coverage of interest payments is not a concern.