Hamamatsu Photonics K.K Balance Sheet Health
Financial Health criteria checks 6/6
Hamamatsu Photonics K.K has a total shareholder equity of ¥321.2B and total debt of ¥12.4B, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are ¥397.9B and ¥76.7B respectively. Hamamatsu Photonics K.K's EBIT is ¥52.7B making its interest coverage ratio -63.8. It has cash and short-term investments of ¥121.0B.
Key information
3.9%
Debt to equity ratio
JP¥12.44b
Debt
Interest coverage ratio | -63.8x |
Cash | JP¥120.95b |
Equity | JP¥321.22b |
Total liabilities | JP¥76.67b |
Total assets | JP¥397.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPHT.Y's short term assets (¥252.9B) exceed its short term liabilities (¥61.4B).
Long Term Liabilities: HPHT.Y's short term assets (¥252.9B) exceed its long term liabilities (¥15.2B).
Debt to Equity History and Analysis
Debt Level: HPHT.Y has more cash than its total debt.
Reducing Debt: HPHT.Y's debt to equity ratio has reduced from 4.4% to 3.9% over the past 5 years.
Debt Coverage: HPHT.Y's debt is well covered by operating cash flow (275.4%).
Interest Coverage: HPHT.Y earns more interest than it pays, so coverage of interest payments is not a concern.