Hokuriku Electrical ConstructionLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hokuriku Electrical ConstructionLtd has a total shareholder equity of ¥41.6B and total debt of ¥567.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ¥58.4B and ¥16.8B respectively. Hokuriku Electrical ConstructionLtd's EBIT is ¥4.1B making its interest coverage ratio -451.2. It has cash and short-term investments of ¥21.6B.
Key information
1.4%
Debt to equity ratio
JP¥567.00m
Debt
| Interest coverage ratio | -451.2x |
| Cash | JP¥21.59b |
| Equity | JP¥41.60b |
| Total liabilities | JP¥16.83b |
| Total assets | JP¥58.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HUKE.F's short term assets (¥39.2B) exceed its short term liabilities (¥12.7B).
Long Term Liabilities: HUKE.F's short term assets (¥39.2B) exceed its long term liabilities (¥4.1B).
Debt to Equity History and Analysis
Debt Level: HUKE.F has more cash than its total debt.
Reducing Debt: HUKE.F's debt to equity ratio has increased from 0.9% to 1.4% over the past 5 years.
Debt Coverage: HUKE.F's debt is well covered by operating cash flow (397.7%).
Interest Coverage: HUKE.F earns more interest than it pays, so coverage of interest payments is not a concern.