METAWATER Balance Sheet Health
Financial Health criteria checks 4/6
METAWATER has a total shareholder equity of ¥75.7B and total debt of ¥27.0B, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are ¥168.8B and ¥93.2B respectively. METAWATER's EBIT is ¥9.9B making its interest coverage ratio 582.6. It has cash and short-term investments of ¥14.9B.
Key information
35.7%
Debt to equity ratio
JP¥27.01b
Debt
Interest coverage ratio | 582.6x |
Cash | JP¥14.88b |
Equity | JP¥75.67b |
Total liabilities | JP¥93.17b |
Total assets | JP¥168.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2MW's short term assets (¥136.1B) exceed its short term liabilities (¥64.5B).
Long Term Liabilities: 2MW's short term assets (¥136.1B) exceed its long term liabilities (¥28.7B).
Debt to Equity History and Analysis
Debt Level: 2MW's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: 2MW's debt to equity ratio has increased from 23.3% to 35.7% over the past 5 years.
Debt Coverage: 2MW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2MW's interest payments on its debt are well covered by EBIT (582.6x coverage).