Hino Motors's net debt reached JPY 124 bil and accounted for 0.263 of equity at the end of 2015. The ratio is down 7.5% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 1.28 in 2002 and an all time low of 0.263 in 2015.
When compared to EBITDA, net debt amounted to 0.840x at the end of the year. The ratio reached an all time high of 6.91 in 2008 and an all time low of 0.733 in 2013.
As far as Hino Motors's peers are concerned, Toyota Motor Corporation posted net debt to equity of 0.849x and 3.43x when compared to EBITDA at the end of 2015. Mazda Motor Corporation ended the year 2015 with a net debt at 0.158x of equity and 0.505x when compared to its EBITDA while Mazda Motor Corporation had net debt at 0.158x of equity and 0.505x to EBITDA at the end of the year.