Hibino Balance Sheet Health
Financial Health criteria checks 4/6
Hibino has a total shareholder equity of ¥10.9B and total debt of ¥16.6B, which brings its debt-to-equity ratio to 152.4%. Its total assets and total liabilities are ¥40.8B and ¥29.9B respectively. Hibino's EBIT is ¥2.8B making its interest coverage ratio 22.3. It has cash and short-term investments of ¥4.3B.
Key information
152.4%
Debt to equity ratio
JP¥16.59b
Debt
| Interest coverage ratio | 22.3x |
| Cash | JP¥4.33b |
| Equity | JP¥10.89b |
| Total liabilities | JP¥29.94b |
| Total assets | JP¥40.83b |
Recent financial health updates
Hibino (TSE:2469) Seems To Use Debt Quite Sensibly
Aug 03
Is Hibino (TYO:2469) Using Debt In A Risky Way?
Dec 01Recent updates
Does Hibino (TSE:2469) Deserve A Spot On Your Watchlist?
Aug 19Hibino (TSE:2469) Seems To Use Debt Quite Sensibly
Aug 03Investors Still Aren't Entirely Convinced By Hibino Corporation's (TSE:2469) Earnings Despite 26% Price Jump
May 22Looking For Steady Income For Your Dividend Portfolio? Is Hibino Corporation (TYO:2469) A Good Fit?
Mar 11One 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 (¥25.6B) exceed its short term liabilities (¥20.9B).
Long Term Liabilities: 2469's short term assets (¥25.6B) exceed its long term liabilities (¥9.0B).
Debt to Equity History and Analysis
Debt Level: 2469's net debt to equity ratio (112.6%) is considered high.
Reducing Debt: 2469's debt to equity ratio has increased from 133.1% to 152.4% over the past 5 years.
Debt Coverage: 2469's debt is well covered by operating cash flow (42%).
Interest Coverage: 2469's interest payments on its debt are well covered by EBIT (22.3x coverage).