HOYA Balance Sheet Health
Financial Health criteria checks 5/6
HOYA has a total shareholder equity of ¥874.4B and total debt of ¥26.0B, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ¥1,101.0B and ¥226.7B respectively. HOYA's EBIT is ¥216.3B making its interest coverage ratio -17.3. It has cash and short-term investments of ¥450.5B.
Key information
3.0%
Debt to equity ratio
JP¥25.95b
Debt
Interest coverage ratio | -17.3x |
Cash | JP¥450.55b |
Equity | JP¥874.36b |
Total liabilities | JP¥226.69b |
Total assets | JP¥1.10t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7741's short term assets (¥773.0B) exceed its short term liabilities (¥159.8B).
Long Term Liabilities: 7741's short term assets (¥773.0B) exceed its long term liabilities (¥66.9B).
Debt to Equity History and Analysis
Debt Level: 7741 has more cash than its total debt.
Reducing Debt: 7741's debt to equity ratio has increased from 0.4% to 3% over the past 5 years.
Debt Coverage: 7741's debt is well covered by operating cash flow (789%).
Interest Coverage: 7741 earns more interest than it pays, so coverage of interest payments is not a concern.