Marumae Balance Sheet Health
Financial Health criteria checks 5/6
Marumae has a total shareholder equity of ¥7.1B and total debt of ¥3.6B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are ¥11.4B and ¥4.3B respectively. Marumae's EBIT is ¥1.4M making its interest coverage ratio 0.1. It has cash and short-term investments of ¥3.3B.
Key information
51.0%
Debt to equity ratio
JP¥3.62b
Debt
Interest coverage ratio | 0.06x |
Cash | JP¥3.27b |
Equity | JP¥7.09b |
Total liabilities | JP¥4.28b |
Total assets | JP¥11.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6264's short term assets (¥5.5B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 6264's short term assets (¥5.5B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: 6264's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: 6264's debt to equity ratio has reduced from 53.7% to 51% over the past 5 years.
Debt Coverage: 6264's debt is well covered by operating cash flow (48.1%).
Interest Coverage: 6264's interest payments on its debt are not well covered by EBIT (0.1x coverage).