Harima-KyowaLTD Balance Sheet Health
Financial Health criteria checks 5/6
Harima-KyowaLTD has a total shareholder equity of ¥24.7B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ¥35.4B and ¥10.7B respectively. Harima-KyowaLTD's EBIT is ¥2.0B making its interest coverage ratio -33.3. It has cash and short-term investments of ¥4.8B.
Key information
8.2%
Debt to equity ratio
JP¥2.02b
Debt
| Interest coverage ratio | -33.3x |
| Cash | JP¥4.84b |
| Equity | JP¥24.70b |
| Total liabilities | JP¥10.66b |
| Total assets | JP¥35.36b |
Financial Position Analysis
Short Term Liabilities: 7444's short term assets (¥19.4B) exceed its short term liabilities (¥7.7B).
Long Term Liabilities: 7444's short term assets (¥19.4B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 7444 has more cash than its total debt.
Reducing Debt: 7444's debt to equity ratio has increased from 2.8% to 8.2% over the past 5 years.
Debt Coverage: 7444's debt is well covered by operating cash flow (83.1%).
Interest Coverage: 7444 earns more interest than it pays, so coverage of interest payments is not a concern.