HirakiLtd Balance Sheet Health
Financial Health criteria checks 4/6
HirakiLtd has a total shareholder equity of ¥7.3B and total debt of ¥7.7B, which brings its debt-to-equity ratio to 105.8%. Its total assets and total liabilities are ¥16.9B and ¥9.6B respectively.
Key information
105.8%
Debt to equity ratio
JP¥7.74b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥7.76b |
| Equity | JP¥7.31b |
| Total liabilities | JP¥9.61b |
| Total assets | JP¥16.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3059's short term assets (¥11.4B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 3059's short term assets (¥11.4B) exceed its long term liabilities (¥6.0B).
Debt to Equity History and Analysis
Debt Level: 3059 has more cash than its total debt.
Reducing Debt: 3059's debt to equity ratio has reduced from 138.5% to 105.8% over the past 5 years.
Debt Coverage: 3059's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: Insufficient data to determine if 3059's interest payments on its debt are well covered by EBIT.