Makoto Construction CoLtd Balance Sheet Health
Financial Health criteria checks 6/6
Makoto Construction CoLtd has a total shareholder equity of ¥3.9B and total debt of ¥957.0M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are ¥5.3B and ¥1.4B respectively. Makoto Construction CoLtd's EBIT is ¥293.0M making its interest coverage ratio -58.6. It has cash and short-term investments of ¥1.3B.
Key information
24.6%
Debt to equity ratio
JP¥957.00m
Debt
Interest coverage ratio | -58.6x |
Cash | JP¥1.32b |
Equity | JP¥3.89b |
Total liabilities | JP¥1.39b |
Total assets | JP¥5.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8995's short term assets (¥4.2B) exceed its short term liabilities (¥729.0M).
Long Term Liabilities: 8995's short term assets (¥4.2B) exceed its long term liabilities (¥662.0M).
Debt to Equity History and Analysis
Debt Level: 8995 has more cash than its total debt.
Reducing Debt: 8995's debt to equity ratio has reduced from 24.7% to 24.6% over the past 5 years.
Debt Coverage: 8995's debt is well covered by operating cash flow (51%).
Interest Coverage: 8995 earns more interest than it pays, so coverage of interest payments is not a concern.