MELDIA Development & Construction Balance Sheet Health
Financial Health criteria checks 5/6
MELDIA Development & Construction has a total shareholder equity of ¥9.1B and total debt of ¥10.1B, which brings its debt-to-equity ratio to 111.2%. Its total assets and total liabilities are ¥22.9B and ¥13.8B respectively. MELDIA Development & Construction's EBIT is ¥2.4B making its interest coverage ratio 11.3. It has cash and short-term investments of ¥2.2B.
Key information
111.2%
Debt to equity ratio
JP¥10.09b
Debt
| Interest coverage ratio | 11.3x |
| Cash | JP¥2.16b |
| Equity | JP¥9.07b |
| Total liabilities | JP¥13.80b |
| Total assets | JP¥22.86b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1739's short term assets (¥20.7B) exceed its short term liabilities (¥8.7B).
Long Term Liabilities: 1739's short term assets (¥20.7B) exceed its long term liabilities (¥5.1B).
Debt to Equity History and Analysis
Debt Level: 1739's net debt to equity ratio (87.4%) is considered high.
Reducing Debt: 1739's debt to equity ratio has reduced from 179.5% to 111.2% over the past 5 years.
Debt Coverage: 1739's debt is well covered by operating cash flow (123.5%).
Interest Coverage: 1739's interest payments on its debt are well covered by EBIT (11.3x coverage).