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) Is Due To Pay A Dividend Of ¥29.00
Nov 01
Morito (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.