Macromill Balance Sheet Health
Financial Health criteria checks 3/6
Macromill has a total shareholder equity of ¥42.7B and total debt of ¥35.9B, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are ¥90.5B and ¥47.8B respectively. Macromill's EBIT is ¥4.7B making its interest coverage ratio -37.7. It has cash and short-term investments of ¥12.5B.
Key information
84.0%
Debt to equity ratio
JP¥35.89b
Debt
Interest coverage ratio | -37.7x |
Cash | JP¥12.52b |
Equity | JP¥42.71b |
Total liabilities | JP¥47.77b |
Total assets | JP¥90.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MA5's short term assets (¥25.0B) exceed its short term liabilities (¥14.8B).
Long Term Liabilities: MA5's short term assets (¥25.0B) do not cover its long term liabilities (¥33.0B).
Debt to Equity History and Analysis
Debt Level: MA5's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: MA5's debt to equity ratio has reduced from 122.1% to 84% over the past 5 years.
Debt Coverage: MA5's debt is not well covered by operating cash flow (13%).
Interest Coverage: MA5 earns more interest than it pays, so coverage of interest payments is not a concern.