Maruhachi Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Maruhachi Holdings has a total shareholder equity of ¥52.5B and total debt of ¥10.5B, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are ¥67.8B and ¥15.3B respectively. Maruhachi Holdings's EBIT is ¥1.6B making its interest coverage ratio -1.6. It has cash and short-term investments of ¥30.3B.
Key information
19.9%
Debt to equity ratio
JP¥10.45b
Debt
Interest coverage ratio | -1.6x |
Cash | JP¥30.33b |
Equity | JP¥52.53b |
Total liabilities | JP¥15.30b |
Total assets | JP¥67.83b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 3504's short term assets (¥36.0B) exceed its short term liabilities (¥7.3B).
Long Term Liabilities: 3504's short term assets (¥36.0B) exceed its long term liabilities (¥8.0B).
Debt to Equity History and Analysis
Debt Level: 3504 has more cash than its total debt.
Reducing Debt: 3504's debt to equity ratio has increased from 18.6% to 19.9% over the past 5 years.
Debt Coverage: 3504's debt is well covered by operating cash flow (22.6%).
Interest Coverage: 3504 earns more interest than it pays, so coverage of interest payments is not a concern.