Havix Balance Sheet Health
Financial Health criteria checks 5/6
Havix has a total shareholder equity of ¥6.5B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are ¥12.8B and ¥6.2B respectively. Havix's EBIT is ¥564.0M making its interest coverage ratio 43.4. It has cash and short-term investments of ¥2.9B.
Key information
31.0%
Debt to equity ratio
JP¥2.02b
Debt
Interest coverage ratio | 43.4x |
Cash | JP¥2.85b |
Equity | JP¥6.54b |
Total liabilities | JP¥6.22b |
Total assets | JP¥12.76b |
Recent financial health updates
These 4 Measures Indicate That Havix (TYO:3895) Is Using Debt Reasonably Well
Mar 27Is Havix (TYO:3895) A Risky Investment?
Dec 21Recent updates
Here's What To Make Of Havix's (TSE:3895) Decelerating Rates Of Return
Mar 14Returns On Capital At Havix (TYO:3895) Have Hit The Brakes
Apr 22These 4 Measures Indicate That Havix (TYO:3895) Is Using Debt Reasonably Well
Mar 27Three Things You Should Check Before Buying Havix Corporation (TYO:3895) For Its Dividend
Feb 28We're Watching These Trends At Havix (TYO:3895)
Jan 11Is Havix (TYO:3895) A Risky Investment?
Dec 21Havix Corporation (TYO:3895) Is Yielding 2.6% - But Is It A Buy?
Nov 30Financial Position Analysis
Short Term Liabilities: 3895's short term assets (¥9.1B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 3895's short term assets (¥9.1B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 3895 has more cash than its total debt.
Reducing Debt: 3895's debt to equity ratio has increased from 25.4% to 31% over the past 5 years.
Debt Coverage: 3895's debt is well covered by operating cash flow (39.3%).
Interest Coverage: 3895's interest payments on its debt are well covered by EBIT (43.4x coverage).