Morita Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Morita Holdings has a total shareholder equity of ¥95.4B and total debt of ¥977.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ¥136.7B and ¥41.4B respectively. Morita Holdings's EBIT is ¥11.7B making its interest coverage ratio -58.2. It has cash and short-term investments of ¥24.6B.
Key information
1.0%
Debt to equity ratio
JP¥977.00m
Debt
| Interest coverage ratio | -58.2x |
| Cash | JP¥24.63b |
| Equity | JP¥95.37b |
| Total liabilities | JP¥41.38b |
| Total assets | JP¥136.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6455's short term assets (¥77.8B) exceed its short term liabilities (¥31.0B).
Long Term Liabilities: 6455's short term assets (¥77.8B) exceed its long term liabilities (¥10.4B).
Debt to Equity History and Analysis
Debt Level: 6455 has more cash than its total debt.
Reducing Debt: 6455's debt to equity ratio has reduced from 12.4% to 1% over the past 5 years.
Debt Coverage: 6455's debt is well covered by operating cash flow (977.5%).
Interest Coverage: 6455 earns more interest than it pays, so coverage of interest payments is not a concern.