Marufuji Sheet PilingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Marufuji Sheet PilingLtd has a total shareholder equity of ¥29.1B and total debt of ¥1,000.0M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are ¥43.0B and ¥13.9B respectively. Marufuji Sheet PilingLtd's EBIT is ¥1.4B making its interest coverage ratio -42.7. It has cash and short-term investments of ¥3.7B.
Key information
3.4%
Debt to equity ratio
JP¥1.00b
Debt
Interest coverage ratio | -42.7x |
Cash | JP¥3.70b |
Equity | JP¥29.09b |
Total liabilities | JP¥13.92b |
Total assets | JP¥43.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8046's short term assets (¥33.3B) exceed its short term liabilities (¥13.3B).
Long Term Liabilities: 8046's short term assets (¥33.3B) exceed its long term liabilities (¥617.0M).
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 17.7% to 3.4% over the past 5 years.
Debt Coverage: 8046's debt is well covered by operating cash flow (218.6%).
Interest Coverage: 8046 earns more interest than it pays, so coverage of interest payments is not a concern.