HORIBA Balance Sheet Health
Financial Health criteria checks 6/6
HORIBA has a total shareholder equity of ¥288.7B and total debt of ¥63.0B, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are ¥445.9B and ¥157.2B respectively. HORIBA's EBIT is ¥48.7B making its interest coverage ratio -25.3. It has cash and short-term investments of ¥130.2B.
Key information
21.8%
Debt to equity ratio
JP¥63.00b
Debt
| Interest coverage ratio | -25.3x |
| Cash | JP¥130.22b |
| Equity | JP¥288.72b |
| Total liabilities | JP¥157.21b |
| Total assets | JP¥445.93b |
Recent financial health updates
Recent updates
HORIBA (TSE:6856) Has Announced A Dividend Of ¥165.00
Dec 11
HORIBA (TSE:6856) Will Pay A Dividend Of ¥165.00
Nov 27HORIBA's (TSE:6856) Dividend Will Be ¥185.00
Nov 13HORIBA, Ltd.'s (TSE:6856) Popularity With Investors Is Clear
Nov 09Here's What To Make Of HORIBA's (TSE:6856) Decelerating Rates Of Return
Oct 10HORIBA (TSE:6856) Has Announced A Dividend Of ¥185.00
Sep 24Does HORIBA (TSE:6856) Have A Healthy Balance Sheet?
Sep 12HORIBA's (TSE:6856) Dividend Will Be ¥185.00
Aug 28HORIBA (TSE:6856) Will Pay A Dividend Of ¥185.00
Aug 10What Is HORIBA, Ltd.'s (TSE:6856) Share Price Doing?
Aug 09HORIBA, Ltd. (TSE:6856) Not Flying Under The Radar
Jul 25Here's What To Make Of HORIBA's (TSE:6856) Decelerating Rates Of Return
Jun 17A Look At The Intrinsic Value Of HORIBA, Ltd. (TSE:6856)
May 03Is There Now An Opportunity In HORIBA, Ltd. (TSE:6856)?
Apr 22Is Now The Time To Put HORIBA (TSE:6856) On Your Watchlist?
Mar 17HORIBA, Ltd.'s (TSE:6856) 25% Share Price Surge Not Quite Adding Up
Mar 05Financial Position Analysis
Short Term Liabilities: 6856's short term assets (¥313.7B) exceed its short term liabilities (¥92.6B).
Long Term Liabilities: 6856's short term assets (¥313.7B) exceed its long term liabilities (¥64.7B).
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 25.5% to 21.8% over the past 5 years.
Debt Coverage: 6856's debt is well covered by operating cash flow (36.5%).
Interest Coverage: 6856 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 07:03 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HORIBA, Ltd. is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Masayuki Nakanishi | Aizawa Securities Co. Ltd. |
| Masahiro Nakanomyo | Barclays |
| Tatsuhiro Tamura | BofA Global Research |