Harima Chemicals Group Balance Sheet Health
Financial Health criteria checks 3/6
Harima Chemicals Group has a total shareholder equity of ¥39.8B and total debt of ¥40.9B, which brings its debt-to-equity ratio to 102.7%. Its total assets and total liabilities are ¥102.4B and ¥62.6B respectively. Harima Chemicals Group's EBIT is ¥1.6B making its interest coverage ratio 3.3. It has cash and short-term investments of ¥6.2B.
Key information
102.7%
Debt to equity ratio
JP¥40.89b
Debt
| Interest coverage ratio | 3.3x |
| Cash | JP¥6.16b |
| Equity | JP¥39.80b |
| Total liabilities | JP¥62.62b |
| Total assets | JP¥102.41b |
Recent financial health updates
No updates
Recent updates
Harima Chemicals Group (TSE:4410) Is Due To Pay A Dividend Of ¥21.00
Sep 19
Harima Chemicals Group (TSE:4410) Is Due To Pay A Dividend Of ¥21.00
Sep 02Harima Chemicals Group (TSE:4410) Has Announced A Dividend Of ¥21.00
Aug 19Harima Chemicals Group (TSE:4410) Will Pay A Dividend Of ¥21.00
Jul 26Harima Chemicals Group (TSE:4410) Will Pay A Dividend Of ¥21.00
Jul 11Harima Chemicals Group (TSE:4410) Is Paying Out A Dividend Of ¥21.00
Mar 04Financial Position Analysis
Short Term Liabilities: 4410's short term assets (¥54.9B) exceed its short term liabilities (¥52.3B).
Long Term Liabilities: 4410's short term assets (¥54.9B) exceed its long term liabilities (¥10.3B).
Debt to Equity History and Analysis
Debt Level: 4410's net debt to equity ratio (87.3%) is considered high.
Reducing Debt: 4410's debt to equity ratio has increased from 43.5% to 102.7% over the past 5 years.
Debt Coverage: 4410's debt is not well covered by operating cash flow (14%).
Interest Coverage: 4410's interest payments on its debt are well covered by EBIT (3.3x coverage).