Metalart Balance Sheet Health
Financial Health criteria checks 6/6
Metalart has a total shareholder equity of ¥25.3B and total debt of ¥4.9B, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are ¥44.0B and ¥18.7B respectively. Metalart's EBIT is ¥2.9B making its interest coverage ratio -19.8. It has cash and short-term investments of ¥9.5B.
Key information
19.4%
Debt to equity ratio
JP¥4.90b
Debt
Interest coverage ratio | -19.8x |
Cash | JP¥9.49b |
Equity | JP¥25.28b |
Total liabilities | JP¥18.75b |
Total assets | JP¥44.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5644's short term assets (¥25.6B) exceed its short term liabilities (¥16.7B).
Long Term Liabilities: 5644's short term assets (¥25.6B) 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 26.5% to 19.4% over the past 5 years.
Debt Coverage: 5644's debt is well covered by operating cash flow (79.6%).
Interest Coverage: 5644 earns more interest than it pays, so coverage of interest payments is not a concern.