Matsuoka Balance Sheet Health
Financial Health criteria checks 5/6
Matsuoka has a total shareholder equity of ¥37.5B and total debt of ¥15.1B, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are ¥66.4B and ¥28.9B respectively. Matsuoka's EBIT is ¥268.0M making its interest coverage ratio -24.4. It has cash and short-term investments of ¥18.6B.
Key information
40.4%
Debt to equity ratio
JP¥15.13b
Debt
| Interest coverage ratio | -24.4x |
| Cash | JP¥18.55b |
| Equity | JP¥37.47b |
| Total liabilities | JP¥28.90b |
| Total assets | JP¥66.37b |
Recent financial health updates
No updates
Recent updates
Matsuoka's (TSE:3611) Upcoming Dividend Will Be Larger Than Last Year's
Nov 15
A Piece Of The Puzzle Missing From Matsuoka Corporation's (TSE:3611) 27% Share Price Climb
Sep 20Why Investors Shouldn't Be Surprised By Matsuoka Corporation's (TSE:3611) 29% Share Price Plunge
Aug 05There's No Escaping Matsuoka Corporation's (TSE:3611) Muted Earnings
Jun 19Matsuoka's (TSE:3611) Earnings Offer More Than Meets The Eye
May 22Matsuoka (TSE:3611) Is Increasing Its Dividend To ¥50.00
Mar 04Financial Position Analysis
Short Term Liabilities: 3611's short term assets (¥41.9B) exceed its short term liabilities (¥18.8B).
Long Term Liabilities: 3611's short term assets (¥41.9B) exceed its long term liabilities (¥10.1B).
Debt to Equity History and Analysis
Debt Level: 3611 has more cash than its total debt.
Reducing Debt: 3611's debt to equity ratio has increased from 26.4% to 40.4% over the past 5 years.
Debt Coverage: 3611's debt is well covered by operating cash flow (35.7%).
Interest Coverage: 3611 earns more interest than it pays, so coverage of interest payments is not a concern.