Max Balance Sheet Health
Financial Health criteria checks 6/6
Max has a total shareholder equity of ¥100.3B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ¥121.6B and ¥21.3B respectively. Max's EBIT is ¥13.4B making its interest coverage ratio -33.3. It has cash and short-term investments of ¥40.7B.
Key information
1.2%
Debt to equity ratio
JP¥1.18b
Debt
| Interest coverage ratio | -33.3x |
| Cash | JP¥40.72b |
| Equity | JP¥100.33b |
| Total liabilities | JP¥21.26b |
| Total assets | JP¥121.59b |
Recent financial health updates
Recent updates
Max (TSE:6454) Is Doing The Right Things To Multiply Its Share Price
Oct 03
There's Reason For Concern Over Max Co., Ltd.'s (TSE:6454) Price
Jul 24Max (TSE:6454) Shareholders Will Want The ROCE Trajectory To Continue
Jun 14Max (TSE:6454) Has A Rock Solid Balance Sheet
May 22Max's (TSE:6454) Dividend Will Be Increased To ¥98.00
Mar 22Max (TSE:6454) Will Pay A Larger Dividend Than Last Year At ¥98.00
Feb 27Financial Position Analysis
Short Term Liabilities: 6454's short term assets (¥70.7B) exceed its short term liabilities (¥14.5B).
Long Term Liabilities: 6454's short term assets (¥70.7B) exceed its long term liabilities (¥6.7B).
Debt to Equity History and Analysis
Debt Level: 6454 has more cash than its total debt.
Reducing Debt: 6454's debt to equity ratio has reduced from 2.7% to 1.2% over the past 5 years.
Debt Coverage: 6454's debt is well covered by operating cash flow (1068.9%).
Interest Coverage: 6454 earns more interest than it pays, so coverage of interest payments is not a concern.