HOYA Balance Sheet Health
Financial Health criteria checks 6/6
HOYA has a total shareholder equity of ¥960.4B and total debt of ¥31.7B, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥1,214.6B and ¥254.2B respectively. HOYA's EBIT is ¥227.6B making its interest coverage ratio -14. It has cash and short-term investments of ¥546.4B.
Key information
3.3%
Debt to equity ratio
JP¥31.67b
Debt
| Interest coverage ratio | -14x |
| Cash | JP¥546.41b |
| Equity | JP¥960.44b |
| Total liabilities | JP¥254.21b |
| Total assets | JP¥1.21t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOCP.Y's short term assets (¥872.0B) exceed its short term liabilities (¥173.1B).
Long Term Liabilities: HOCP.Y's short term assets (¥872.0B) exceed its long term liabilities (¥81.1B).
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 3.4% to 3.3% over the past 5 years.
Debt Coverage: HOCP.Y's debt is well covered by operating cash flow (729.6%).
Interest Coverage: HOCP.Y earns more interest than it pays, so coverage of interest payments is not a concern.