Maxell Balance Sheet Health
Financial Health criteria checks 6/6
Maxell has a total shareholder equity of ¥98.7B and total debt of ¥17.7B, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are ¥170.3B and ¥71.6B respectively. Maxell's EBIT is ¥8.3B making its interest coverage ratio -11.9. It has cash and short-term investments of ¥34.7B.
Key information
17.9%
Debt to equity ratio
JP¥17.72b
Debt
Interest coverage ratio | -11.9x |
Cash | JP¥34.69b |
Equity | JP¥98.70b |
Total liabilities | JP¥71.61b |
Total assets | JP¥170.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0H2's short term assets (¥90.0B) exceed its short term liabilities (¥57.4B).
Long Term Liabilities: 0H2's short term assets (¥90.0B) exceed its long term liabilities (¥14.2B).
Debt to Equity History and Analysis
Debt Level: 0H2 has more cash than its total debt.
Reducing Debt: 0H2's debt to equity ratio has reduced from 22.4% to 17.9% over the past 5 years.
Debt Coverage: 0H2's debt is well covered by operating cash flow (80.4%).
Interest Coverage: 0H2 earns more interest than it pays, so coverage of interest payments is not a concern.