HOYA Balance Sheet Health
Financial Health criteria checks 6/6
HOYA has a total shareholder equity of ¥1,006.8B and total debt of ¥31.8B, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are ¥1,266.8B and ¥260.0B respectively. HOYA's EBIT is ¥221.5B making its interest coverage ratio -14. It has cash and short-term investments of ¥566.4B.
Key information
3.2%
Debt to equity ratio
JP¥31.79b
Debt
| Interest coverage ratio | -14x |
| Cash | JP¥566.39b |
| Equity | JP¥1.01t |
| Total liabilities | JP¥260.04b |
| Total assets | JP¥1.27t |
Recent financial health updates
Recent updates
A Look At The Intrinsic Value Of HOYA Corporation (TSE:7741)
Aug 20
HOYA Corporation Just Beat Revenue Estimates By 11%
Aug 04Is HOYA (TSE:7741) A Risky Investment?
Jul 25Should 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 (¥903.5B) exceed its short term liabilities (¥175.7B).
Long Term Liabilities: 7741's short term assets (¥903.5B) exceed its long term liabilities (¥84.3B).
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 3.8% to 3.2% over the past 5 years.
Debt Coverage: 7741's debt is well covered by operating cash flow (693.1%).
Interest Coverage: 7741 earns more interest than it pays, so coverage of interest payments is not a concern.