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Hitachi Metals Balance Sheet Health
Financial Health criteria checks 6/6
Key information
31.8%
Debt to equity ratio
JP¥189.30b
Debt
Interest coverage ratio | 12.6x |
Cash | JP¥110.86b |
Equity | JP¥594.41b |
Total liabilities | JP¥563.84b |
Total assets | JP¥1.16t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMTL.F's short term assets (¥632.0B) exceed its short term liabilities (¥420.9B).
Long Term Liabilities: HMTL.F's short term assets (¥632.0B) exceed its long term liabilities (¥143.0B).
Debt to Equity History and Analysis
Debt Level: HMTL.F's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: HMTL.F's debt to equity ratio has reduced from 34.5% to 31.8% over the past 5 years.
Debt Coverage: HMTL.F's debt is well covered by operating cash flow (29.5%).
Interest Coverage: HMTL.F's interest payments on its debt are well covered by EBIT (12.6x coverage).