Maruyama Mfg Balance Sheet Health
Financial Health criteria checks 5/6
Maruyama Mfg has a total shareholder equity of ¥18.9B and total debt of ¥5.9B, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are ¥35.7B and ¥16.8B respectively. Maruyama Mfg's EBIT is ¥1.4B making its interest coverage ratio -22.7. It has cash and short-term investments of ¥4.2B.
Key information
31.3%
Debt to equity ratio
JP¥5.91b
Debt
Interest coverage ratio | -22.7x |
Cash | JP¥4.19b |
Equity | JP¥18.87b |
Total liabilities | JP¥16.79b |
Total assets | JP¥35.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6316's short term assets (¥21.5B) exceed its short term liabilities (¥14.6B).
Long Term Liabilities: 6316's short term assets (¥21.5B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 6316's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 6316's debt to equity ratio has reduced from 38.5% to 31.3% over the past 5 years.
Debt Coverage: 6316's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6316 earns more interest than it pays, so coverage of interest payments is not a concern.