Musashino Kogyo Balance Sheet Health
Financial Health criteria checks 4/6
Musashino Kogyo has a total shareholder equity of ¥3.6B and total debt of ¥335.0M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are ¥5.9B and ¥2.3B respectively. Musashino Kogyo's EBIT is ¥44.0M making its interest coverage ratio 44. It has cash and short-term investments of ¥751.0M.
Key information
9.3%
Debt to equity ratio
JP¥335.00m
Debt
| Interest coverage ratio | 44x |
| Cash | JP¥751.00m |
| Equity | JP¥3.60b |
| Total liabilities | JP¥2.35b |
| Total assets | JP¥5.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9635's short term assets (¥863.0M) exceed its short term liabilities (¥277.0M).
Long Term Liabilities: 9635's short term assets (¥863.0M) do not cover its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 9635 has more cash than its total debt.
Reducing Debt: 9635's debt to equity ratio has increased from 4.7% to 9.3% over the past 5 years.
Debt Coverage: 9635's debt is well covered by operating cash flow (29.3%).
Interest Coverage: 9635's interest payments on its debt are well covered by EBIT (44x coverage).