Hakuten Balance Sheet Health
Financial Health criteria checks 6/6
Hakuten has a total shareholder equity of ¥2.6B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are ¥7.7B and ¥5.0B respectively. Hakuten's EBIT is ¥1.3B making its interest coverage ratio 214.8. It has cash and short-term investments of ¥2.5B.
Key information
82.8%
Debt to equity ratio
JP¥2.19b
Debt
| Interest coverage ratio | 214.8x |
| Cash | JP¥2.53b |
| Equity | JP¥2.64b |
| Total liabilities | JP¥5.03b |
| Total assets | JP¥7.67b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2173's short term assets (¥6.4B) exceed its short term liabilities (¥3.3B).
Long Term Liabilities: 2173's short term assets (¥6.4B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 2173 has more cash than its total debt.
Reducing Debt: 2173's debt to equity ratio has reduced from 224.6% to 82.8% over the past 5 years.
Debt Coverage: 2173's debt is well covered by operating cash flow (66.4%).
Interest Coverage: 2173's interest payments on its debt are well covered by EBIT (214.8x coverage).