Hibino Balance Sheet Health
Financial Health criteria checks 4/6
Hibino has a total shareholder equity of ¥10.2B and total debt of ¥16.5B, which brings its debt-to-equity ratio to 161.8%. Its total assets and total liabilities are ¥38.5B and ¥28.3B respectively. Hibino's EBIT is ¥3.2B making its interest coverage ratio 23. It has cash and short-term investments of ¥3.9B.
Key information
161.8%
Debt to equity ratio
JP¥16.55b
Debt
| Interest coverage ratio | 23x |
| Cash | JP¥3.85b |
| Equity | JP¥10.23b |
| Total liabilities | JP¥28.32b |
| Total assets | JP¥38.55b |
Recent financial health updates
Recent updates
Looking For Steady Income For Your Dividend Portfolio? Is Hibino Corporation (TYO:2469) A Good Fit?
Mar 11
One Analyst Thinks Hibino Corporation's (TYO:2469) Revenues Are Under Threat
Feb 13
How Much Did Hibino's(TYO:2469) Shareholders Earn From Share Price Movements Over The Last Year?
Jan 23Is Hibino Corporation's (TYO:2469) Shareholder Ownership Skewed Towards Insiders?
Dec 27Is Hibino (TYO:2469) Using Debt In A Risky Way?
Dec 01Financial Position Analysis
Short Term Liabilities: 2469's short term assets (¥23.6B) exceed its short term liabilities (¥18.2B).
Long Term Liabilities: 2469's short term assets (¥23.6B) exceed its long term liabilities (¥10.1B).
Debt to Equity History and Analysis
Debt Level: 2469's net debt to equity ratio (124.1%) is considered high.
Reducing Debt: 2469's debt to equity ratio has increased from 116% to 161.8% over the past 5 years.
Debt Coverage: 2469's debt is well covered by operating cash flow (23.6%).
Interest Coverage: 2469's interest payments on its debt are well covered by EBIT (23x coverage).