Morimatsu International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Morimatsu International Holdings has a total shareholder equity of CN¥4.4B and total debt of CN¥365.1M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥8.9B and CN¥4.5B respectively. Morimatsu International Holdings's EBIT is CN¥951.6M making its interest coverage ratio -20.5. It has cash and short-term investments of CN¥2.2B.
Key information
8.3%
Debt to equity ratio
CN¥365.08m
Debt
| Interest coverage ratio | -20.5x |
| Cash | CN¥2.23b |
| Equity | CN¥4.39b |
| Total liabilities | CN¥4.54b |
| Total assets | CN¥8.93b |
Recent financial health updates
No updates
Recent updates
Morimatsu International Holdings' (HKG:2155) Earnings Are Of Questionable Quality
Apr 24
Analysts Just Made A Major Revision To Their Morimatsu International Holdings Company Limited (HKG:2155) Revenue Forecasts
Mar 31Morimatsu International Holdings (HKG:2155) Is Achieving High Returns On Its Capital
Jan 31We Think Morimatsu International Holdings (HKG:2155) Might Have The DNA Of A Multi-Bagger
Oct 19Estimating The Fair Value Of Morimatsu International Holdings Company Limited (HKG:2155)
Sep 13Morimatsu International Holdings (HKG:2155) Could Become A Multi-Bagger
Dec 28Why We Like The Returns At Morimatsu International Holdings (HKG:2155)
Aug 18Is Morimatsu International Holdings Company Limited (HKG:2155) Trading At A 27% Discount?
Apr 13Morimatsu International Holdings' (HKG:2155) Profits Appear To Have Quality Issues
Sep 30Financial Position Analysis
Short Term Liabilities: 2155's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 2155's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥270.5M).
Debt to Equity History and Analysis
Debt Level: 2155 has more cash than its total debt.
Reducing Debt: 2155's debt to equity ratio has reduced from 46.7% to 8.3% over the past 5 years.
Debt Coverage: 2155's debt is well covered by operating cash flow (183.9%).
Interest Coverage: 2155 earns more interest than it pays, so coverage of interest payments is not a concern.