HMCHonda Motor Co., Ltd.

$31.41

Is it safe?

Can HMC take a bad year?

Honda Motor Co., Ltd. carries $6.71T of net debt at 2.38× EBITDA: a load its earnings can carry.

$6.71T

Net debt · as at FY2025 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.38×

Net debt / EBITDA · 1.68× a year ago · the load is going up

Cash runway
5+ years

Cash runway · burning $54.7B a quarter at the current rate

Annualised volatility
32%

Annualised volatility · about as steady as the market itself

Details
Total debtFY2025
$11.45T
Cash and short-term investments
$4.74T
Net debt
$6.71T
EBITDA, trailing twelve months
$2.83T
Operating profit, trailing twelve months
$1.21T
Debt / equity
0.93×
Total debt / EBITDA
4.05×
Annualised volatilitytwo years of daily moves
32%
Worst drawdown on file
−43%
Below its 52-week high
−9.9%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.