Hyoki Kaiun Kaisha Balance Sheet Health
Financial Health criteria checks 2/6
Hyoki Kaiun Kaisha has a total shareholder equity of ¥4.6B and total debt of ¥6.0B, which brings its debt-to-equity ratio to 130%. Its total assets and total liabilities are ¥13.1B and ¥8.5B respectively. Hyoki Kaiun Kaisha's EBIT is ¥324.0M making its interest coverage ratio -10.1. It has cash and short-term investments of ¥2.1B.
Key information
130.0%
Debt to equity ratio
JP¥6.03b
Debt
| Interest coverage ratio | -10.1x |
| Cash | JP¥2.11b |
| Equity | JP¥4.64b |
| Total liabilities | JP¥8.48b |
| Total assets | JP¥13.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9362's short term assets (¥4.1B) do not cover its short term liabilities (¥4.2B).
Long Term Liabilities: 9362's short term assets (¥4.1B) do not cover its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 9362's net debt to equity ratio (84.5%) is considered high.
Reducing Debt: 9362's debt to equity ratio has reduced from 242.7% to 130% over the past 5 years.
Debt Coverage: 9362's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 9362 earns more interest than it pays, so coverage of interest payments is not a concern.