Howtelevision Balance Sheet Health
Financial Health criteria checks 5/6
Howtelevision has a total shareholder equity of ¥1.3B and total debt of ¥508.0M, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are ¥2.5B and ¥1.2B respectively. Howtelevision's EBIT is ¥482.0M making its interest coverage ratio 241. It has cash and short-term investments of ¥1.7B.
Key information
40.5%
Debt to equity ratio
JP¥508.00m
Debt
| Interest coverage ratio | 241x |
| Cash | JP¥1.72b |
| Equity | JP¥1.25b |
| Total liabilities | JP¥1.20b |
| Total assets | JP¥2.45b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7064's short term assets (¥1.9B) exceed its short term liabilities (¥859.0M).
Long Term Liabilities: 7064's short term assets (¥1.9B) exceed its long term liabilities (¥339.0M).
Debt to Equity History and Analysis
Debt Level: 7064 has more cash than its total debt.
Reducing Debt: 7064's debt to equity ratio has increased from 4.6% to 40.5% over the past 5 years.
Debt Coverage: 7064's debt is well covered by operating cash flow (97.4%).
Interest Coverage: 7064's interest payments on its debt are well covered by EBIT (241x coverage).