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
Crisis In Japanese Car Industry: Honda And Nissan To Merge?
Dec 19Honda Motor: A Cheap Price For A Strong Earner
Sep 05Honda Motor Co. Is Priced At A Steep Discount To Intrinsic Value
Apr 09Honda Motors: Buybacks Continue, Major U.S. Contribution In The Mix
Feb 24Honda: R&D In EV Initiatives, Expecting Recovery In 2024, And Very Cheap
Dec 28Charging Forward: Honda's Strategy For Sustained Growth
Oct 16Honda Motor: Stable Prospects But Auto Segment A Question Mark
Sep 25Honda: Bumpy Road To A Sustainable Future
Jul 18Honda Motor reports Q3 results, updates FY23 sales outlook
Feb 10American Honda reports double digit sales growth in January
Feb 01LG Energy Solution and Honda enter JV for battery production
Jan 13Honda Vs. Tesla: Buy Deep Value Or Buy The Future?
Jan 03Honda Motor reports FQ2 results; raises FY23 earnings guidance
Nov 09American Honda October sales down 16% Y/Y
Nov 01Honda Motor to cut car output by 40% at two Japanese plants in October
Oct 06Honda Motor to cut production by 40% at two Japanese plants in early October
Sep 22American Honda August sales down 37.7% Y/Y
Sep 01Honda Motor to cut production by 40% in Japan due to supply chain disruptions
Aug 25Honda Motor GAAP EPS of ¥87.23, revenue of ¥3829.55B; raises FY23 guidance
Aug 10American Honda July sales down 47% Y/Y
Aug 02Honda Motor: A Late But Strong Comer To The EV Party
Jul 20American Honda motor Company selects Kyndryl to simplify and centralize IT operations
Jul 14American Honda sales decline more than 50% Y/Y in June and Q2 due to supply issues
Jul 01Financial Position Analysis
Short Term Liabilities: HMC's short term assets (¥11,518.1B) exceed its short term liabilities (¥8,051.5B).
Long Term Liabilities: HMC's short term assets (¥11,518.1B) exceed its long term liabilities (¥8,549.8B).
Debt to Equity History and Analysis
Debt Level: HMC's net debt to equity ratio (46.3%) is considered high.
Reducing Debt: HMC's debt to equity ratio has reduced from 83.3% to 82.7% over the past 5 years.
Debt Coverage: HMC's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: HMC 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 | 2024/12/22 10:01 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
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| 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
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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
Honda Motor Co., Ltd. is covered by 52 analysts. 16 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 |
|---|---|
| Toshiro Yoshinaga | Aizawa Securities Co. Ltd. |
| Ronald Tadross | Banc of America Securities |
| Ishan Majumdar | Baptista Research |