Happinet Balance Sheet Health
Financial Health criteria checks 6/6
Happinet has a total shareholder equity of ¥50.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥134.2B and ¥83.8B respectively. Happinet's EBIT is ¥7.6B making its interest coverage ratio -47.7. It has cash and short-term investments of ¥21.4B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -47.7x |
| Cash | JP¥21.39b |
| Equity | JP¥50.36b |
| Total liabilities | JP¥83.83b |
| Total assets | JP¥134.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAPY.F's short term assets (¥112.4B) exceed its short term liabilities (¥77.8B).
Long Term Liabilities: HAPY.F's short term assets (¥112.4B) exceed its long term liabilities (¥6.0B).
Debt to Equity History and Analysis
Debt Level: HAPY.F is debt free.
Reducing Debt: HAPY.F has no debt compared to 5 years ago when its debt to equity ratio was 17.1%.
Debt Coverage: HAPY.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HAPY.F has no debt, therefore coverage of interest payments is not a concern.