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
CashJP¥4.62t
EquityJP¥12.67t
Total liabilitiesJP¥16.60t
Total assetsJP¥29.27t

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: HONDA19's short term assets (¥11,518.1B) exceed its short term liabilities (¥8,051.5B).

Long Term Liabilities: HONDA19's short term assets (¥11,518.1B) exceed its long term liabilities (¥8,549.8B).


Debt to Equity History and Analysis

Debt Level: HONDA19's net debt to equity ratio (46.3%) is considered high.

Reducing Debt: HONDA19's debt to equity ratio has reduced from 83.3% to 82.7% over the past 5 years.

Debt Coverage: HONDA19's debt is not well covered by operating cash flow (4.2%).

Interest Coverage: HONDA19 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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