Hodogaya Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Hodogaya Chemical has a total shareholder equity of ¥60.7B and total debt of ¥9.2B, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are ¥84.2B and ¥23.5B respectively. Hodogaya Chemical's EBIT is ¥6.5B making its interest coverage ratio -16.6. It has cash and short-term investments of ¥13.7B.
Key information
15.1%
Debt to equity ratio
JP¥9.19b
Debt
| Interest coverage ratio | -16.6x |
| Cash | JP¥13.66b |
| Equity | JP¥60.74b |
| Total liabilities | JP¥23.48b |
| Total assets | JP¥84.21b |
Recent financial health updates
Hodogaya Chemical (TSE:4112) Could Easily Take On More Debt
Nov 14
These 4 Measures Indicate That Hodogaya Chemical (TSE:4112) Is Using Debt Reasonably Well
Jun 13Recent updates
Hodogaya Chemical (TSE:4112) Could Easily Take On More Debt
Nov 14Hodogaya Chemical's (TSE:4112) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 24Slammed 35% Hodogaya Chemical Co., Ltd. (TSE:4112) Screens Well Here But There Might Be A Catch
Aug 05Hodogaya Chemical's (TSE:4112) Dividend Will Be Increased To ¥42.50
Jul 25Hodogaya Chemical (TSE:4112) Has Announced That It Will Be Increasing Its Dividend To ¥42.50
Jul 11These 4 Measures Indicate That Hodogaya Chemical (TSE:4112) Is Using Debt Reasonably Well
Jun 13Hodogaya 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 (¥39.8B) exceed its short term liabilities (¥14.8B).
Long Term Liabilities: 4112's short term assets (¥39.8B) exceed its long term liabilities (¥8.7B).
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 22.6% to 15.1% over the past 5 years.
Debt Coverage: 4112's debt is well covered by operating cash flow (86%).
Interest Coverage: 4112 earns more interest than it pays, so coverage of interest payments is not a concern.