Honda Motor Balance Sheet Health
Financial Health criteria checks 4/6
Honda Motor has a total shareholder equity of ¥12,672.6B and total debt of ¥10,485.0B, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are ¥29,273.9B and ¥16,601.3B respectively. Honda Motor's EBIT is ¥1,428.0B making its interest coverage ratio -10.2. It has cash and short-term investments of ¥4,622.3B.
Key information
82.7%
Debt to equity ratio
JP¥10.48t
Debt
| Interest coverage ratio | -10.2x |
| Cash | JP¥4.62t |
| Equity | JP¥12.67t |
| Total liabilities | JP¥16.60t |
| Total assets | JP¥29.27t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMC N's short term assets (¥11,518.1B) exceed its short term liabilities (¥8,051.5B).
Long Term Liabilities: HMC N's short term assets (¥11,518.1B) exceed its long term liabilities (¥8,549.8B).
Debt to Equity History and Analysis
Debt Level: HMC N's net debt to equity ratio (46.3%) is considered high.
Reducing Debt: HMC N's debt to equity ratio has reduced from 83.3% to 82.7% over the past 5 years.
Debt Coverage: HMC N's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: HMC N earns more interest than it pays, so coverage of interest payments is not a concern.