HOYA Balance Sheet Health
Financial Health criteria checks 6/6
HOYA has a total shareholder equity of ¥1,006.8B and total debt of ¥31.8B, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are ¥1,266.8B and ¥260.0B respectively. HOYA's EBIT is ¥221.5B making its interest coverage ratio -14. It has cash and short-term investments of ¥553.0B.
Key information
3.2%
Debt to equity ratio
JP¥31.79b
Debt
Interest coverage ratio | -14x |
Cash | JP¥552.98b |
Equity | JP¥1.01t |
Total liabilities | JP¥260.04b |
Total assets | JP¥1.27t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOCP.Y's short term assets (¥903.5B) exceed its short term liabilities (¥175.7B).
Long Term Liabilities: HOCP.Y's short term assets (¥903.5B) exceed its long term liabilities (¥84.3B).
Debt to Equity History and Analysis
Debt Level: HOCP.Y has more cash than its total debt.
Reducing Debt: HOCP.Y's debt to equity ratio has reduced from 3.8% to 3.2% over the past 5 years.
Debt Coverage: HOCP.Y's debt is well covered by operating cash flow (693.1%).
Interest Coverage: HOCP.Y earns more interest than it pays, so coverage of interest payments is not a concern.