Handsman Balance Sheet Health

Financial Health criteria checks 4/6

Handsman has a total shareholder equity of ¥17.4B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are ¥26.9B and ¥9.6B respectively. Handsman's EBIT is ¥1.1B making its interest coverage ratio 262.5. It has cash and short-term investments of ¥1.7B.

Key information

26.6%

Debt to equity ratio

JP¥4.63b

Debt

Interest coverage ratio262.5x
CashJP¥1.70b
EquityJP¥17.40b
Total liabilitiesJP¥9.55b
Total assetsJP¥26.95b

Recent financial health updates

Recent updates

Do Handsman's (TYO:7636) Earnings Warrant Your Attention?

Apr 12
Do Handsman's (TYO:7636) Earnings Warrant Your Attention?

The Return Trends At Handsman (TYO:7636) Look Promising

Mar 25
The Return Trends At Handsman (TYO:7636) Look Promising

Handsman (TYO:7636) Seems To Use Debt Rather Sparingly

Mar 10
Handsman (TYO:7636) Seems To Use Debt Rather Sparingly

What Kind Of Shareholders Hold The Majority In Handsman Co., Ltd.'s (TYO:7636) Shares?

Feb 22
What Kind Of Shareholders Hold The Majority In Handsman Co., Ltd.'s (TYO:7636) Shares?

Handsman Co., Ltd. (TYO:7636) On An Uptrend: Could Fundamentals Be Driving The Stock?

Feb 05
Handsman Co., Ltd. (TYO:7636) On An Uptrend: Could Fundamentals Be Driving The Stock?

Did Handsman's (TYO:7636) Share Price Deserve to Gain 38%?

Jan 21
Did Handsman's (TYO:7636) Share Price Deserve to Gain 38%?

Does Handsman (TYO:7636) Deserve A Spot On Your Watchlist?

Jan 06
Does Handsman (TYO:7636) Deserve A Spot On Your Watchlist?

Will the Promising Trends At Handsman (TYO:7636) Continue?

Dec 22
Will the Promising Trends At Handsman (TYO:7636) Continue?

Is Handsman (TYO:7636) Using Too Much Debt?

Dec 07
Is Handsman (TYO:7636) Using Too Much Debt?

What You Need To Know About Handsman Co., Ltd.'s (TYO:7636) Investor Composition

Nov 20
What You Need To Know About Handsman Co., Ltd.'s (TYO:7636) Investor Composition

Financial Position Analysis

Short Term Liabilities: 7636's short term assets (¥10.7B) exceed its short term liabilities (¥6.6B).

Long Term Liabilities: 7636's short term assets (¥10.7B) exceed its long term liabilities (¥2.9B).


Debt to Equity History and Analysis

Debt Level: 7636's net debt to equity ratio (16.8%) is considered satisfactory.

Reducing Debt: 7636's debt to equity ratio has increased from 21% to 26.6% over the past 5 years.

Debt Coverage: 7636's debt is not well covered by operating cash flow (8.8%).

Interest Coverage: 7636's interest payments on its debt are well covered by EBIT (262.5x coverage).


Balance Sheet


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