Maxell Balance Sheet Health
Financial Health criteria checks 6/6
Maxell has a total shareholder equity of ¥92.6B and total debt of ¥18.4B, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are ¥162.6B and ¥70.0B respectively. Maxell's EBIT is ¥7.7B making its interest coverage ratio -10.8. It has cash and short-term investments of ¥31.3B.
Key information
19.9%
Debt to equity ratio
JP¥18.40b
Debt
| Interest coverage ratio | -10.8x |
| Cash | JP¥31.31b |
| Equity | JP¥92.62b |
| Total liabilities | JP¥70.00b |
| Total assets | JP¥162.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0H2's short term assets (¥82.9B) exceed its short term liabilities (¥44.5B).
Long Term Liabilities: 0H2's short term assets (¥82.9B) exceed its long term liabilities (¥25.5B).
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 36.4% to 19.9% over the past 5 years.
Debt Coverage: 0H2's debt is well covered by operating cash flow (66.5%).
Interest Coverage: 0H2 earns more interest than it pays, so coverage of interest payments is not a concern.