Metalart Balance Sheet Health
Financial Health criteria checks 6/6
Metalart has a total shareholder equity of ¥25.8B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are ¥44.8B and ¥19.0B respectively. Metalart's EBIT is ¥2.8B making its interest coverage ratio -16.3. It has cash and short-term investments of ¥10.0B.
Key information
17.8%
Debt to equity ratio
JP¥4.60b
Debt
| Interest coverage ratio | -16.3x |
| Cash | JP¥10.02b |
| Equity | JP¥25.80b |
| Total liabilities | JP¥19.01b |
| Total assets | JP¥44.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5644's short term assets (¥26.1B) exceed its short term liabilities (¥17.1B).
Long Term Liabilities: 5644's short term assets (¥26.1B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 5644 has more cash than its total debt.
Reducing Debt: 5644's debt to equity ratio has reduced from 26.2% to 17.8% over the past 5 years.
Debt Coverage: 5644's debt is well covered by operating cash flow (84.8%).
Interest Coverage: 5644 earns more interest than it pays, so coverage of interest payments is not a concern.