HORIBA Balance Sheet Health

Financial Health criteria checks 6/6

HORIBA has a total shareholder equity of ¥290.2B and total debt of ¥63.5B, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are ¥454.1B and ¥163.9B respectively. HORIBA's EBIT is ¥46.9B making its interest coverage ratio -26. It has cash and short-term investments of ¥127.8B.

Key information

21.9%

Debt to equity ratio

JP¥63.45b

Debt

Interest coverage ratio-26x
CashJP¥127.79b
EquityJP¥290.16b
Total liabilitiesJP¥163.93b
Total assetsJP¥454.08b

Recent financial health updates

No updates

Recent updates

Here's What To Make Of HORIBA's (TSE:6856) Decelerating Rates Of Return

Jun 17
Here's What To Make Of HORIBA's (TSE:6856) Decelerating Rates Of Return

A Look At The Intrinsic Value Of HORIBA, Ltd. (TSE:6856)

May 03
A Look At The Intrinsic Value Of HORIBA, Ltd. (TSE:6856)

Is There Now An Opportunity In HORIBA, Ltd. (TSE:6856)?

Apr 22
Is There Now An Opportunity In HORIBA, Ltd. (TSE:6856)?

Is Now The Time To Put HORIBA (TSE:6856) On Your Watchlist?

Mar 17
Is Now The Time To Put HORIBA (TSE:6856) On Your Watchlist?

HORIBA, Ltd.'s (TSE:6856) 25% Share Price Surge Not Quite Adding Up

Mar 05
HORIBA, Ltd.'s (TSE:6856) 25% Share Price Surge Not Quite Adding Up

Financial Position Analysis

Short Term Liabilities: 6856's short term assets (¥316.5B) exceed its short term liabilities (¥98.9B).

Long Term Liabilities: 6856's short term assets (¥316.5B) exceed its long term liabilities (¥65.1B).


Debt to Equity History and Analysis

Debt Level: 6856 has more cash than its total debt.

Reducing Debt: 6856's debt to equity ratio has reduced from 25.8% to 21.9% over the past 5 years.

Debt Coverage: 6856's debt is well covered by operating cash flow (26.2%).

Interest Coverage: 6856 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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