Hogy MedicalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hogy MedicalLtd has a total shareholder equity of ¥86.1B and total debt of ¥5.8B, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ¥100.0B and ¥13.9B respectively. Hogy MedicalLtd's EBIT is ¥4.2B making its interest coverage ratio -14.7. It has cash and short-term investments of ¥19.4B.
Key information
6.8%
Debt to equity ratio
JP¥5.82b
Debt
| Interest coverage ratio | -14.7x |
| Cash | JP¥19.42b |
| Equity | JP¥86.12b |
| Total liabilities | JP ¥13.92b |
| Total assets | JP¥100.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3593's short term assets (¥43.0B) exceed its short term liabilities (¥8.2B).
Long Term Liabilities: 3593's short term assets (¥43.0B) exceed its long term liabilities (¥5.7B).
Debt to Equity History and Analysis
Debt Level: 3593 has more cash than its total debt.
Reducing Debt: 3593's debt to equity ratio has increased from 1.8% to 6.8% over the past 5 years.
Debt Coverage: 3593's debt is well covered by operating cash flow (122.2%).
Interest Coverage: 3593 earns more interest than it pays, so coverage of interest payments is not a concern.