Mazda Motor Balance Sheet Health
Financial Health criteria checks 6/6
Mazda Motor has a total shareholder equity of ¥1,807.0B and total debt of ¥558.9B, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are ¥3,883.2B and ¥2,076.2B respectively. Mazda Motor's EBIT is ¥270.8B making its interest coverage ratio -14.2. It has cash and short-term investments of ¥948.7B.
Key information
30.9%
Debt to equity ratio
JP¥558.95b
Debt
| Interest coverage ratio | -14.2x |
| Cash | JP¥948.72b |
| Equity | JP¥1.81t |
| Total liabilities | JP¥2.08t |
| Total assets | JP¥3.88t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MZA0's short term assets (¥2,082.8B) exceed its short term liabilities (¥1,492.5B).
Long Term Liabilities: MZA0's short term assets (¥2,082.8B) exceed its long term liabilities (¥583.7B).
Debt to Equity History and Analysis
Debt Level: MZA0 has more cash than its total debt.
Reducing Debt: MZA0's debt to equity ratio has reduced from 46.6% to 30.9% over the past 5 years.
Debt Coverage: MZA0's debt is well covered by operating cash flow (74.5%).
Interest Coverage: MZA0 earns more interest than it pays, so coverage of interest payments is not a concern.