Marudai Food Balance Sheet Health
Financial Health criteria checks 5/6
Marudai Food has a total shareholder equity of ¥72.4B and total debt of ¥21.8B, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are ¥139.7B and ¥67.3B respectively. Marudai Food's EBIT is ¥1.9B making its interest coverage ratio -16.1. It has cash and short-term investments of ¥9.5B.
Key information
30.1%
Debt to equity ratio
JP¥21.77b
Debt
Interest coverage ratio | -16.1x |
Cash | JP¥9.53b |
Equity | JP¥72.38b |
Total liabilities | JP¥67.30b |
Total assets | JP¥139.68b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFL1's short term assets (¥64.8B) exceed its short term liabilities (¥55.1B).
Long Term Liabilities: MFL1's short term assets (¥64.8B) exceed its long term liabilities (¥12.2B).
Debt to Equity History and Analysis
Debt Level: MFL1's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: MFL1's debt to equity ratio has increased from 22.1% to 30.1% over the past 5 years.
Debt Coverage: MFL1's debt is well covered by operating cash flow (40.9%).
Interest Coverage: MFL1 earns more interest than it pays, so coverage of interest payments is not a concern.