Hard Off CorporationLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hard OffLtd has a total shareholder equity of ¥17.0B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are ¥23.1B and ¥6.1B respectively. Hard OffLtd's EBIT is ¥2.8B making its interest coverage ratio -53.9. It has cash and short-term investments of ¥3.0B.
Key information
12.5%
Debt to equity ratio
JP¥2.12b
Debt
| Interest coverage ratio | -53.9x |
| Cash | JP¥3.02b |
| Equity | JP¥17.00b |
| Total liabilities | JP¥6.10b |
| Total assets | JP¥23.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2674's short term assets (¥12.5B) exceed its short term liabilities (¥4.9B).
Long Term Liabilities: 2674's short term assets (¥12.5B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 2674 has more cash than its total debt.
Reducing Debt: 2674's debt to equity ratio has increased from 0% to 12.5% over the past 5 years.
Debt Coverage: 2674's debt is well covered by operating cash flow (88.2%).
Interest Coverage: 2674 earns more interest than it pays, so coverage of interest payments is not a concern.