Max Balance Sheet Health
Financial Health criteria checks 6/6
Max has a total shareholder equity of ¥99.9B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ¥121.8B and ¥21.9B respectively. Max's EBIT is ¥12.6B making its interest coverage ratio -36.5. It has cash and short-term investments of ¥38.2B.
Key information
1.2%
Debt to equity ratio
JP¥1.18b
Debt
Interest coverage ratio | -36.5x |
Cash | JP¥38.22b |
Equity | JP¥99.93b |
Total liabilities | JP¥21.87b |
Total assets | JP¥121.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6454's short term assets (¥69.4B) exceed its short term liabilities (¥14.3B).
Long Term Liabilities: 6454's short term assets (¥69.4B) exceed its long term liabilities (¥7.6B).
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 (1031.5%).
Interest Coverage: 6454 earns more interest than it pays, so coverage of interest payments is not a concern.