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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:09 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Morita Holdings Corporation is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Company Forecast |
| Naruhiko Takatsuji | Ichiyoshi Research Institute Inc. |
| Amol Modak | Virtua Research Inc. |