Marufuji Sheet PilingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Marufuji Sheet PilingLtd has a total shareholder equity of ¥29.9B and total debt of ¥500.0M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ¥42.5B and ¥12.7B respectively. Marufuji Sheet PilingLtd's EBIT is ¥1.5B making its interest coverage ratio -34.9. It has cash and short-term investments of ¥4.6B.
Key information
1.7%
Debt to equity ratio
JP¥500.00m
Debt
| Interest coverage ratio | -34.9x |
| Cash | JP¥4.60b |
| Equity | JP¥29.86b |
| Total liabilities | JP¥12.68b |
| Total assets | JP¥42.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8046's short term assets (¥31.9B) exceed its short term liabilities (¥12.0B).
Long Term Liabilities: 8046's short term assets (¥31.9B) exceed its long term liabilities (¥677.0M).
Debt to Equity History and Analysis
Debt Level: 8046 has more cash than its total debt.
Reducing Debt: 8046's debt to equity ratio has reduced from 16.8% to 1.7% over the past 5 years.
Debt Coverage: 8046's debt is well covered by operating cash flow (503%).
Interest Coverage: 8046 earns more interest than it pays, so coverage of interest payments is not a concern.