halmek holdingsLtd Balance Sheet Health
Financial Health criteria checks 3/6
halmek holdingsLtd has a total shareholder equity of ¥7.6B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are ¥20.1B and ¥12.6B respectively. halmek holdingsLtd's EBIT is ¥1.4B making its interest coverage ratio 8.1. It has cash and short-term investments of ¥938.0M.
Key information
25.1%
Debt to equity ratio
JP¥1.90b
Debt
Interest coverage ratio | 8.1x |
Cash | JP¥938.00m |
Equity | JP¥7.56b |
Total liabilities | JP¥12.56b |
Total assets | JP¥20.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7119's short term assets (¥6.2B) do not cover its short term liabilities (¥8.8B).
Long Term Liabilities: 7119's short term assets (¥6.2B) exceed its long term liabilities (¥3.8B).
Debt to Equity History and Analysis
Debt Level: 7119's net debt to equity ratio (12.7%) 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 not well covered by operating cash flow (8%).
Interest Coverage: 7119's interest payments on its debt are well covered by EBIT (8.1x coverage).