Murata Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
Murata Manufacturing has a total shareholder equity of ¥2,555.6B and total debt of ¥52.8B, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥3,037.9B and ¥482.3B respectively. Murata Manufacturing's EBIT is ¥265.0B making its interest coverage ratio -11.1. It has cash and short-term investments of ¥622.0B.
Key information
2.1%
Debt to equity ratio
JP¥52.84b
Debt
Interest coverage ratio | -11.1x |
Cash | JP¥622.01b |
Equity | JP¥2.56t |
Total liabilities | JP¥482.29b |
Total assets | JP¥3.04t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUR1's short term assets (¥1,499.8B) exceed its short term liabilities (¥317.6B).
Long Term Liabilities: MUR1's short term assets (¥1,499.8B) exceed its long term liabilities (¥164.7B).
Debt to Equity History and Analysis
Debt Level: MUR1 has more cash than its total debt.
Reducing Debt: MUR1's debt to equity ratio has reduced from 7.7% to 2.1% over the past 5 years.
Debt Coverage: MUR1's debt is well covered by operating cash flow (926.7%).
Interest Coverage: MUR1 earns more interest than it pays, so coverage of interest payments is not a concern.