Macromill Balance Sheet Health
Financial Health criteria checks 4/6
Macromill has a total shareholder equity of ¥45.8B and total debt of ¥30.5B, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are ¥89.2B and ¥43.4B respectively. Macromill's EBIT is ¥5.6B making its interest coverage ratio -12.9. It has cash and short-term investments of ¥10.4B.
Key information
66.6%
Debt to equity ratio
JP¥30.50b
Debt
| Interest coverage ratio | -12.9x |
| Cash | JP¥10.40b |
| Equity | JP¥45.80b |
| Total liabilities | JP¥43.41b |
| Total assets | JP¥89.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MA5's short term assets (¥21.0B) exceed its short term liabilities (¥10.7B).
Long Term Liabilities: MA5's short term assets (¥21.0B) do not cover its long term liabilities (¥32.7B).
Debt to Equity History and Analysis
Debt Level: MA5's net debt to equity ratio (43.9%) is considered high.
Reducing Debt: MA5's debt to equity ratio has reduced from 110.3% to 66.6% over the past 5 years.
Debt Coverage: MA5's debt is well covered by operating cash flow (27.3%).
Interest Coverage: MA5 earns more interest than it pays, so coverage of interest payments is not a concern.