Hikari HoldingsLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hikari HoldingsLtd has a total shareholder equity of ¥159.0M and total debt of ¥3.4B, which brings its debt-to-equity ratio to 2109.4%. Its total assets and total liabilities are ¥4.4B and ¥4.2B respectively.
Key information
2,109.4%
Debt to equity ratio
JP¥3.35b
Debt
Interest coverage ratio | n/a |
Cash | JP¥1.82b |
Equity | JP¥159.00m |
Total liabilities | JP¥4.23b |
Total assets | JP¥4.39b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 1445's short term assets (¥2.8B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 1445's short term assets (¥2.8B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 1445's net debt to equity ratio (967.9%) is considered high.
Reducing Debt: 1445's debt to equity ratio has increased from 357.1% to 2109.4% over the past 5 years.
Debt Coverage: 1445's debt is not well covered by operating cash flow (0.1%).
Interest Coverage: Insufficient data to determine if 1445's interest payments on its debt are well covered by EBIT.