Morimatsu International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Morimatsu International Holdings has a total shareholder equity of CN¥4.9B and total debt of CN¥279.7M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are CN¥8.7B and CN¥3.8B respectively. Morimatsu International Holdings's EBIT is CN¥877.8M making its interest coverage ratio -16.6. It has cash and short-term investments of CN¥2.4B.
Key information
5.7%
Debt to equity ratio
CN¥279.68m
Debt
| Interest coverage ratio | -16.6x |
| Cash | CN¥2.40b |
| Equity | CN¥4.87b |
| Total liabilities | CN¥3.83b |
| Total assets | CN¥8.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1S5's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 1S5's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥273.5M).
Debt to Equity History and Analysis
Debt Level: 1S5 has more cash than its total debt.
Reducing Debt: 1S5's debt to equity ratio has reduced from 54.2% to 5.7% over the past 5 years.
Debt Coverage: 1S5's debt is well covered by operating cash flow (189.6%).
Interest Coverage: 1S5 earns more interest than it pays, so coverage of interest payments is not a concern.