METAWATER Balance Sheet Health
Financial Health criteria checks 4/6
METAWATER has a total shareholder equity of ¥76.4B and total debt of ¥23.1B, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are ¥149.2B and ¥72.8B respectively. METAWATER's EBIT is ¥10.6B making its interest coverage ratio -2123.4. It has cash and short-term investments of ¥29.1B.
Key information
30.3%
Debt to equity ratio
JP¥23.13b
Debt
| Interest coverage ratio | -2123.4x |
| Cash | JP¥29.13b |
| Equity | JP¥76.41b |
| Total liabilities | JP¥72.83b |
| Total assets | JP¥149.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2MW's short term assets (¥114.7B) exceed its short term liabilities (¥44.2B).
Long Term Liabilities: 2MW's short term assets (¥114.7B) exceed its long term liabilities (¥28.6B).
Debt to Equity History and Analysis
Debt Level: 2MW has more cash than its total debt.
Reducing Debt: 2MW's debt to equity ratio has increased from 23.3% to 30.3% over the past 5 years.
Debt Coverage: 2MW's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: 2MW earns more interest than it pays, so coverage of interest payments is not a concern.