Morito Balance Sheet Health
Financial Health criteria checks 6/6
Morito has a total shareholder equity of ¥40.2B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ¥53.1B and ¥12.9B respectively. Morito's EBIT is ¥2.9B making its interest coverage ratio -25.3. It has cash and short-term investments of ¥14.5B.
Key information
3.1%
Debt to equity ratio
JP¥1.26b
Debt
| Interest coverage ratio | -25.3x |
| Cash | JP¥14.53b |
| Equity | JP¥40.21b |
| Total liabilities | JP¥12.91b |
| Total assets | JP¥53.12b |
Recent financial health updates
No updates
Recent updates
Morito (TSE:9837) Will Pay A Larger Dividend Than Last Year At ¥34.00
Nov 22
Morito (TSE:9837) Is Due To Pay A Dividend Of ¥29.00
Nov 01Morito (TSE:9837) Is Due To Pay A Dividend Of ¥29.00
Oct 12Morito (TSE:9837) Has Announced A Dividend Of ¥29.00
Sep 20Morito (TSE:9837) Has Announced A Dividend Of ¥29.00
Aug 19Morito's (TSE:9837) Dividend Will Be ¥29.00
Jul 29Morito (TSE:9837) Has Announced A Dividend Of ¥29.00
Jul 15Morito (TSE:9837) Has Announced That It Will Be Increasing Its Dividend To ¥29.00
Apr 25Morito (TSE:9837) Has Announced That It Will Be Increasing Its Dividend To ¥29.00
Apr 05Morito's (TSE:9837) Dividend Will Be Increased To ¥29.00
Mar 04Financial Position Analysis
Short Term Liabilities: 9837's short term assets (¥31.4B) exceed its short term liabilities (¥8.3B).
Long Term Liabilities: 9837's short term assets (¥31.4B) exceed its long term liabilities (¥4.6B).
Debt to Equity History and Analysis
Debt Level: 9837 has more cash than its total debt.
Reducing Debt: 9837's debt to equity ratio has reduced from 13% to 3.1% over the past 5 years.
Debt Coverage: 9837's debt is well covered by operating cash flow (438.5%).
Interest Coverage: 9837 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2023/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Morito Co., Ltd. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jiro Kojima | Daiwa Securities Co. Ltd. |
| Yumiko Kai | Ichiyoshi Research Institute Inc. |
| Kenji Sakai | Mizuho Securities Co., Ltd. |