Morio Denki Balance Sheet Health
Financial Health criteria checks 5/6
Morio Denki has a total shareholder equity of ¥4.6B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are ¥8.0B and ¥3.4B respectively. Morio Denki's EBIT is ¥246.0M making its interest coverage ratio 41. It has cash and short-term investments of ¥863.0M.
Key information
24.0%
Debt to equity ratio
JP¥1.11b
Debt
| Interest coverage ratio | 41x |
| Cash | JP¥863.00m |
| Equity | JP¥4.62b |
| Total liabilities | JP¥3.35b |
| Total assets | JP¥7.97b |
Financial Position Analysis
Short Term Liabilities: 6647's short term assets (¥5.0B) exceed its short term liabilities (¥2.7B).
Long Term Liabilities: 6647's short term assets (¥5.0B) exceed its long term liabilities (¥615.0M).
Debt to Equity History and Analysis
Debt Level: 6647's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: 6647's debt to equity ratio has reduced from 64.1% to 24% over the past 5 years.
Debt Coverage: 6647's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6647's interest payments on its debt are well covered by EBIT (41x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 12:00 |
| End of Day Share Price | 2024/12/26 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
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Analyst Sources
Morio Denki Co., Ltd. is covered by 0 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 |
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