HOYA Balance Sheet Health
Financial Health criteria checks 6/6
HOYA has a total shareholder equity of ¥962.3B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥1,203.6B and ¥241.4B respectively. HOYA's EBIT is ¥213.2B making its interest coverage ratio -14.9. It has cash and short-term investments of ¥544.4B.
Key information
0.3%
Debt to equity ratio
JP¥2.55b
Debt
Interest coverage ratio | -14.9x |
Cash | JP¥544.40b |
Equity | JP¥962.26b |
Total liabilities | JP¥241.36b |
Total assets | JP¥1.20t |
Recent financial health updates
No updates
Recent updates
Should You Be Adding HOYA (TSE:7741) To Your Watchlist Today?
Jun 17The Price Is Right For HOYA Corporation (TSE:7741)
Jun 03HOYA (TSE:7741) Is Reinvesting To Multiply In Value
May 14A Look At The Fair Value Of HOYA Corporation (TSE:7741)
Apr 12Investors Appear Satisfied With HOYA Corporation's (TSE:7741) Prospects
Feb 27Financial Position Analysis
Short Term Liabilities: 7741's short term assets (¥856.6B) exceed its short term liabilities (¥168.9B).
Long Term Liabilities: 7741's short term assets (¥856.6B) exceed its long term liabilities (¥72.5B).
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 reduced from 0.3% to 0.3% over the past 5 years.
Debt Coverage: 7741's debt is well covered by operating cash flow (8744.2%).
Interest Coverage: 7741 earns more interest than it pays, so coverage of interest payments is not a concern.