Hokuriku GasLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hokuriku GasLtd has a total shareholder equity of ¥49.4B and total debt of ¥127.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥59.9B and ¥10.4B respectively.
Key information
0.3%
Debt to equity ratio
JP¥127.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥6.97b |
| Equity | JP¥49.41b |
| Total liabilities | JP¥10.44b |
| Total assets | JP¥59.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9537's short term assets (¥12.3B) exceed its short term liabilities (¥7.0B).
Long Term Liabilities: 9537's short term assets (¥12.3B) exceed its long term liabilities (¥3.5B).
Debt to Equity History and Analysis
Debt Level: 9537 has more cash than its total debt.
Reducing Debt: 9537's debt to equity ratio has reduced from 4.2% to 0.3% over the past 5 years.
Debt Coverage: 9537's debt is well covered by operating cash flow (3706.3%).
Interest Coverage: Insufficient data to determine if 9537's interest payments on its debt are well covered by EBIT.