Hosiden Balance Sheet Health
Financial Health criteria checks 6/6
Hosiden has a total shareholder equity of ¥133.8B and total debt of ¥11.1B, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ¥174.2B and ¥40.4B respectively. Hosiden's EBIT is ¥13.8B making its interest coverage ratio -17.9. It has cash and short-term investments of ¥82.4B.
Key information
8.3%
Debt to equity ratio
JP¥11.06b
Debt
Interest coverage ratio | -17.9x |
Cash | JP¥82.44b |
Equity | JP¥133.75b |
Total liabilities | JP¥40.40b |
Total assets | JP¥174.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6804's short term assets (¥144.9B) exceed its short term liabilities (¥34.7B).
Long Term Liabilities: 6804's short term assets (¥144.9B) exceed its long term liabilities (¥5.7B).
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 13.8% to 8.3% over the past 5 years.
Debt Coverage: 6804's debt is well covered by operating cash flow (209%).
Interest Coverage: 6804 earns more interest than it pays, so coverage of interest payments is not a concern.