Hitachi Balance Sheet Health
Financial Health criteria checks 6/6
Hitachi has a total shareholder equity of ¥5,859.6B and total debt of ¥1,180.0B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are ¥12,221.3B and ¥6,361.7B respectively. Hitachi's EBIT is ¥775.3B making its interest coverage ratio 24.1. It has cash and short-term investments of ¥1,036.6B.
Key information
20.1%
Debt to equity ratio
JP¥1.18t
Debt
Interest coverage ratio | 24.1x |
Cash | JP¥1.04t |
Equity | JP¥5.86t |
Total liabilities | JP¥6.36t |
Total assets | JP¥12.22t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTHI.F's short term assets (¥5,854.6B) exceed its short term liabilities (¥4,802.6B).
Long Term Liabilities: HTHI.F's short term assets (¥5,854.6B) exceed its long term liabilities (¥1,559.1B).
Debt to Equity History and Analysis
Debt Level: HTHI.F's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: HTHI.F's debt to equity ratio has reduced from 21.6% to 20.1% over the past 5 years.
Debt Coverage: HTHI.F's debt is well covered by operating cash flow (81.1%).
Interest Coverage: HTHI.F's interest payments on its debt are well covered by EBIT (24.1x coverage).