HirakiLtd Balance Sheet Health
Financial Health criteria checks 4/6
HirakiLtd has a total shareholder equity of ¥7.4B and total debt of ¥7.4B, which brings its debt-to-equity ratio to 99.3%. Its total assets and total liabilities are ¥16.8B and ¥9.4B respectively.
Key information
99.3%
Debt to equity ratio
JP¥7.36b
Debt
Interest coverage ratio | n/a |
Cash | JP¥7.48b |
Equity | JP¥7.42b |
Total liabilities | JP¥9.42b |
Total assets | JP¥16.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3059's short term assets (¥11.3B) exceed its short term liabilities (¥3.7B).
Long Term Liabilities: 3059's short term assets (¥11.3B) exceed its long term liabilities (¥5.7B).
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 136.8% to 99.3% over the past 5 years.
Debt Coverage: 3059's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: Insufficient data to determine if 3059's interest payments on its debt are well covered by EBIT.