Hikari Heights-VarusLtd Balance Sheet Health
Financial Health criteria checks 4/6
Hikari Heights-VarusLtd has a total shareholder equity of ¥3.6B and total debt of ¥107.0M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ¥7.7B and ¥4.1B respectively.
Key information
3.0%
Debt to equity ratio
JP¥107.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥5.85b |
| Equity | JP¥3.57b |
| Total liabilities | JP¥4.11b |
| Total assets | JP¥7.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2137's short term assets (¥6.4B) exceed its short term liabilities (¥1.0B).
Long Term Liabilities: 2137's short term assets (¥6.4B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: 2137 has more cash than its total debt.
Reducing Debt: 2137's debt to equity ratio has increased from 2.6% to 3% over the past 5 years.
Debt Coverage: 2137's debt is well covered by operating cash flow (145.8%).
Interest Coverage: Insufficient data to determine if 2137's interest payments on its debt are well covered by EBIT.