Harima-KyowaLTD Balance Sheet Health
Financial Health criteria checks 6/6
Harima-KyowaLTD has a total shareholder equity of ¥24.2B and total debt of ¥320.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ¥33.1B and ¥9.0B respectively. Harima-KyowaLTD's EBIT is ¥1.8B making its interest coverage ratio -32.6. It has cash and short-term investments of ¥2.8B.
Key information
1.3%
Debt to equity ratio
JP¥320.00m
Debt
Interest coverage ratio | -32.6x |
Cash | JP¥2.75b |
Equity | JP¥24.16b |
Total liabilities | JP¥8.98b |
Total assets | JP¥33.14b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7444's short term assets (¥18.4B) exceed its short term liabilities (¥7.3B).
Long Term Liabilities: 7444's short term assets (¥18.4B) exceed its long term liabilities (¥1.7B).
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 reduced from 4.9% to 1.3% over the past 5 years.
Debt Coverage: 7444's debt is well covered by operating cash flow (37.5%).
Interest Coverage: 7444 earns more interest than it pays, so coverage of interest payments is not a concern.