Matsuoka Balance Sheet Health
Financial Health criteria checks 5/6
Matsuoka has a total shareholder equity of ¥36.1B and total debt of ¥14.3B, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are ¥65.7B and ¥29.6B respectively. Matsuoka's EBIT is ¥794.0M making its interest coverage ratio -33.1. It has cash and short-term investments of ¥18.0B.
Key information
39.8%
Debt to equity ratio
JP¥14.35b
Debt
Interest coverage ratio | -33.1x |
Cash | JP¥18.00b |
Equity | JP¥36.06b |
Total liabilities | JP¥29.64b |
Total assets | JP¥65.70b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3611's short term assets (¥42.4B) exceed its short term liabilities (¥19.6B).
Long Term Liabilities: 3611's short term assets (¥42.4B) 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 25.1% to 39.8% over the past 5 years.
Debt Coverage: 3611's debt is well covered by operating cash flow (37.7%).
Interest Coverage: 3611 earns more interest than it pays, so coverage of interest payments is not a concern.