Moriya Transportation Engineering and ManufacturingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Moriya Transportation Engineering and ManufacturingLtd has a total shareholder equity of ¥8.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥13.7B and ¥5.3B respectively. Moriya Transportation Engineering and ManufacturingLtd's EBIT is ¥2.0B making its interest coverage ratio -221.9. It has cash and short-term investments of ¥3.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -221.9x |
Cash | JP¥3.75b |
Equity | JP¥8.48b |
Total liabilities | JP¥5.26b |
Total assets | JP¥13.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6226's short term assets (¥9.4B) exceed its short term liabilities (¥4.5B).
Long Term Liabilities: 6226's short term assets (¥9.4B) exceed its long term liabilities (¥726.0M).
Debt to Equity History and Analysis
Debt Level: 6226 is debt free.
Reducing Debt: 6226 had no debt 5 years ago.
Debt Coverage: 6226 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6226 has no debt, therefore coverage of interest payments is not a concern.