Hosiden Balance Sheet Health
Financial Health criteria checks 6/6
Hosiden has a total shareholder equity of ¥139.6B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ¥173.2B and ¥33.6B respectively. Hosiden's EBIT is ¥14.4B making its interest coverage ratio -13.2. It has cash and short-term investments of ¥72.0B.
Key information
0.8%
Debt to equity ratio
JP¥1.05b
Debt
| Interest coverage ratio | -13.2x |
| Cash | JP¥71.98b |
| Equity | JP¥139.57b |
| Total liabilities | JP¥33.64b |
| Total assets | JP¥173.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6804's short term assets (¥142.4B) exceed its short term liabilities (¥28.6B).
Long Term Liabilities: 6804's short term assets (¥142.4B) exceed its long term liabilities (¥5.0B).
Debt to Equity History and Analysis
Debt Level: 6804 has more cash than its total debt.
Reducing Debt: 6804's debt to equity ratio has reduced from 13% to 0.8% over the past 5 years.
Debt Coverage: 6804's debt is well covered by operating cash flow (1864.2%).
Interest Coverage: 6804 earns more interest than it pays, so coverage of interest payments is not a concern.