halmek holdingsLtd Balance Sheet Health
Financial Health criteria checks 4/6
halmek holdingsLtd has a total shareholder equity of ¥8.1B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are ¥21.9B and ¥13.8B respectively. halmek holdingsLtd's EBIT is ¥1.6B making its interest coverage ratio 8.2. It has cash and short-term investments of ¥1.4B.
Key information
23.4%
Debt to equity ratio
JP¥1.90b
Debt
Interest coverage ratio | 8.2x |
Cash | JP¥1.35b |
Equity | JP¥8.12b |
Total liabilities | JP¥13.83b |
Total assets | JP¥21.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7119's short term assets (¥8.1B) do not cover its short term liabilities (¥10.3B).
Long Term Liabilities: 7119's short term assets (¥8.1B) exceed its long term liabilities (¥3.5B).
Debt to Equity History and Analysis
Debt Level: 7119's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7119's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7119's debt is well covered by operating cash flow (118.9%).
Interest Coverage: 7119's interest payments on its debt are well covered by EBIT (8.2x coverage).