HIMARAYALtd Balance Sheet Health
Financial Health criteria checks 5/6
HIMARAYALtd has a total shareholder equity of ¥16.5B and total debt of ¥5.1B, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are ¥34.7B and ¥18.3B respectively. HIMARAYALtd's EBIT is ¥309.0M making its interest coverage ratio -16.3. It has cash and short-term investments of ¥4.1B.
Key information
31.2%
Debt to equity ratio
JP¥5.15b
Debt
| Interest coverage ratio | -16.3x |
| Cash | JP¥4.12b |
| Equity | JP¥16.48b |
| Total liabilities | JP¥18.27b |
| Total assets | JP¥34.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7514's short term assets (¥22.5B) exceed its short term liabilities (¥14.8B).
Long Term Liabilities: 7514's short term assets (¥22.5B) exceed its long term liabilities (¥3.5B).
Debt to Equity History and Analysis
Debt Level: 7514's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 7514's debt to equity ratio has reduced from 43.2% to 31.2% over the past 5 years.
Debt Coverage: 7514's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: 7514 earns more interest than it pays, so coverage of interest payments is not a concern.