Hosiden Balance Sheet Health
Financial Health criteria checks 6/6
Hosiden has a total shareholder equity of ¥126.8B and total debt of ¥12.2B, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are ¥180.0B and ¥53.2B respectively. Hosiden's EBIT is ¥15.8B making its interest coverage ratio -33.5. It has cash and short-term investments of ¥70.8B.
Key information
9.6%
Debt to equity ratio
JP¥12.22b
Debt
Interest coverage ratio | -33.5x |
Cash | JP¥70.75b |
Equity | JP¥126.75b |
Total liabilities | JP¥53.24b |
Total assets | JP¥179.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOIE.F's short term assets (¥151.9B) exceed its short term liabilities (¥37.9B).
Long Term Liabilities: HOIE.F's short term assets (¥151.9B) exceed its long term liabilities (¥15.3B).
Debt to Equity History and Analysis
Debt Level: HOIE.F has more cash than its total debt.
Reducing Debt: HOIE.F's debt to equity ratio has reduced from 17.5% to 9.6% over the past 5 years.
Debt Coverage: HOIE.F's debt is well covered by operating cash flow (169.9%).
Interest Coverage: HOIE.F earns more interest than it pays, so coverage of interest payments is not a concern.