Hulic Balance Sheet Health
Financial Health criteria checks 3/6
Hulic has a total shareholder equity of ¥776.7B and total debt of ¥1,622.5B, which brings its debt-to-equity ratio to 208.9%. Its total assets and total liabilities are ¥2,666.9B and ¥1,890.2B respectively. Hulic's EBIT is ¥135.7B making its interest coverage ratio 16.7. It has cash and short-term investments of ¥129.1B.
Key information
208.9%
Debt to equity ratio
JP¥1.62t
Debt
Interest coverage ratio | 16.7x |
Cash | JP¥129.09b |
Equity | JP¥776.72b |
Total liabilities | JP¥1.89t |
Total assets | JP¥2.67t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3003's short term assets (¥395.7B) exceed its short term liabilities (¥303.2B).
Long Term Liabilities: 3003's short term assets (¥395.7B) do not cover its long term liabilities (¥1,587.0B).
Debt to Equity History and Analysis
Debt Level: 3003's net debt to equity ratio (192.3%) is considered high.
Reducing Debt: 3003's debt to equity ratio has reduced from 278.7% to 208.9% over the past 5 years.
Debt Coverage: 3003's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: 3003's interest payments on its debt are well covered by EBIT (16.7x coverage).