Marumae Balance Sheet Health
Financial Health criteria checks 4/6
Marumae has a total shareholder equity of ¥7.2B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are ¥11.5B and ¥4.3B respectively. Marumae's EBIT is ¥59.5M making its interest coverage ratio 2.6. It has cash and short-term investments of ¥3.0B.
Key information
48.3%
Debt to equity ratio
JP¥3.46b
Debt
| Interest coverage ratio | 2.6x |
| Cash | JP¥3.03b |
| Equity | JP¥7.16b |
| Total liabilities | JP¥4.30b |
| Total assets | JP¥11.46b |
Recent financial health updates
No updates
Recent updates
Marumae (TSE:6264) Is Increasing Its Dividend To ¥20.00
Aug 07
Some Confidence Is Lacking In Marumae Co., Ltd. (TSE:6264) As Shares Slide 37%
Aug 06Marumae (TSE:6264) Is Increasing Its Dividend To ¥20.00
Jul 22Marumae (TSE:6264) Will Pay A Larger Dividend Than Last Year At ¥20.00
Jul 05Marumae (TSE:6264) Will Pay A Larger Dividend Than Last Year At ¥20.00
Apr 03Marumae Co., Ltd. (TSE:6264) Looks Just Right With A 26% Price Jump
Mar 04Financial Position Analysis
Short Term Liabilities: 6264's short term assets (¥5.6B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 6264's short term assets (¥5.6B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 6264's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 6264's debt to equity ratio has reduced from 49.8% to 48.3% over the past 5 years.
Debt Coverage: 6264's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 6264's interest payments on its debt are not well covered by EBIT (2.6x coverage).