Hagoromo Foods Balance Sheet Health
Financial Health criteria checks 5/6
Hagoromo Foods has a total shareholder equity of ¥40.1B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are ¥67.9B and ¥27.7B respectively. Hagoromo Foods's EBIT is ¥2.6B making its interest coverage ratio -9.4. It has cash and short-term investments of ¥2.0B.
Key information
8.7%
Debt to equity ratio
JP¥3.47b
Debt
| Interest coverage ratio | -9.4x |
| Cash | JP¥1.99b |
| Equity | JP¥40.14b |
| Total liabilities | JP¥27.72b |
| Total assets | JP¥67.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2831's short term assets (¥37.8B) exceed its short term liabilities (¥20.9B).
Long Term Liabilities: 2831's short term assets (¥37.8B) exceed its long term liabilities (¥6.8B).
Debt to Equity History and Analysis
Debt Level: 2831's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: 2831's debt to equity ratio has increased from 4.3% to 8.7% over the past 5 years.
Debt Coverage: 2831's debt is well covered by operating cash flow (72.1%).
Interest Coverage: 2831 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 | 2024/12/25 19:57 |
| End of Day Share Price | 2024/12/25 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
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Industry and Sector Metrics
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Analyst Sources
Hagoromo Foods Corporation is covered by 0 analysts. 0 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 |
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