Hochiki Balance Sheet Health
Financial Health criteria checks 6/6
Hochiki has a total shareholder equity of ¥53.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥77.4B and ¥24.0B respectively. Hochiki's EBIT is ¥8.0B making its interest coverage ratio -51.5. It has cash and short-term investments of ¥7.9B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -51.5x |
| Cash | JP¥7.93b |
| Equity | JP¥53.41b |
| Total liabilities | JP¥23.96b |
| Total assets | JP¥77.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6745's short term assets (¥53.5B) exceed its short term liabilities (¥16.7B).
Long Term Liabilities: 6745's short term assets (¥53.5B) exceed its long term liabilities (¥7.3B).
Debt to Equity History and Analysis
Debt Level: 6745 is debt free.
Reducing Debt: 6745 has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
Debt Coverage: 6745 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6745 has no debt, therefore coverage of interest payments is not a concern.