Hokkan Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Hokkan Holdings has a total shareholder equity of ¥59.9B and total debt of ¥36.5B, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are ¥127.3B and ¥67.4B respectively. Hokkan Holdings's EBIT is ¥4.1B making its interest coverage ratio -57.7. It has cash and short-term investments of ¥5.8B.
Key information
61.0%
Debt to equity ratio
JP¥36.53b
Debt
Interest coverage ratio | -57.7x |
Cash | JP¥5.84b |
Equity | JP¥59.91b |
Total liabilities | JP¥67.36b |
Total assets | JP¥127.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5902's short term assets (¥49.8B) exceed its short term liabilities (¥38.2B).
Long Term Liabilities: 5902's short term assets (¥49.8B) exceed its long term liabilities (¥29.2B).
Debt to Equity History and Analysis
Debt Level: 5902's net debt to equity ratio (51.2%) is considered high.
Reducing Debt: 5902's debt to equity ratio has reduced from 74.1% to 61% over the past 5 years.
Debt Coverage: 5902's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 5902 earns more interest than it pays, so coverage of interest payments is not a concern.