Hodogaya Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Hodogaya Chemical has a total shareholder equity of ¥55.0B and total debt of ¥9.7B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ¥78.0B and ¥23.1B respectively. Hodogaya Chemical's EBIT is ¥3.0B making its interest coverage ratio -7.5. It has cash and short-term investments of ¥13.2B.
Key information
17.7%
Debt to equity ratio
JP¥9.73b
Debt
Interest coverage ratio | -7.5x |
Cash | JP¥13.25b |
Equity | JP¥54.96b |
Total liabilities | JP¥23.08b |
Total assets | JP¥78.04b |
Recent financial health updates
No updates
Recent updates
Hodogaya Chemical Co., Ltd.'s (TSE:4112) P/E Is Still On The Mark Following 26% Share Price Bounce
Apr 12Hodogaya Chemical Co., Ltd.'s (TSE:4112) 26% Jump Shows Its Popularity With Investors
Apr 12Hodogaya Chemical (TSE:4112) Is Due To Pay A Dividend Of ¥37.50
Mar 25Hodogaya Chemical's (TSE:4112) Dividend Will Be ¥37.50
Feb 26Financial Position Analysis
Short Term Liabilities: 4112's short term assets (¥37.8B) exceed its short term liabilities (¥14.0B).
Long Term Liabilities: 4112's short term assets (¥37.8B) exceed its long term liabilities (¥9.0B).
Debt to Equity History and Analysis
Debt Level: 4112 has more cash than its total debt.
Reducing Debt: 4112's debt to equity ratio has reduced from 24.6% to 17.7% over the past 5 years.
Debt Coverage: 4112's debt is well covered by operating cash flow (68.7%).
Interest Coverage: 4112 earns more interest than it pays, so coverage of interest payments is not a concern.