Moriya Balance Sheet Health
Financial Health criteria checks 6/6
Moriya has a total shareholder equity of ¥14.0B and total debt of ¥800.0M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are ¥29.0B and ¥15.0B respectively. Moriya's EBIT is ¥1.8B making its interest coverage ratio -308. It has cash and short-term investments of ¥9.4B.
Key information
5.7%
Debt to equity ratio
JP¥800.00m
Debt
Interest coverage ratio | -308x |
Cash | JP¥9.35b |
Equity | JP¥13.97b |
Total liabilities | JP¥15.05b |
Total assets | JP¥29.01b |
Recent financial health updates
Is Moriya (TYO:1798) A Risky Investment?
Apr 15We Think Moriya (TYO:1798) Can Stay On Top Of Its Debt
Jan 10Recent updates
Is Moriya (TYO:1798) A Risky Investment?
Apr 15Moriya Corporation (TYO:1798) Is Yielding 3.0% - But Is It A Buy?
Mar 20We're Watching These Trends At Moriya (TYO:1798)
Feb 07We Think Moriya (TYO:1798) Can Stay On Top Of Its Debt
Jan 10Is Moriya Corporation (TYO:1798) A Smart Pick For Income Investors?
Dec 20Moriya's (TYO:1798) Earnings Are Growing But Is There More To The Story?
Nov 29Financial Position Analysis
Short Term Liabilities: 1798's short term assets (¥21.9B) exceed its short term liabilities (¥14.2B).
Long Term Liabilities: 1798's short term assets (¥21.9B) exceed its long term liabilities (¥887.0M).
Debt to Equity History and Analysis
Debt Level: 1798 has more cash than its total debt.
Reducing Debt: 1798's debt to equity ratio has reduced from 17.3% to 5.7% over the past 5 years.
Debt Coverage: 1798's debt is well covered by operating cash flow (261.9%).
Interest Coverage: 1798 earns more interest than it pays, so coverage of interest payments is not a concern.