MRK Holdings Balance Sheet Health
Financial Health criteria checks 4/6
MRK Holdings has a total shareholder equity of ¥14.6B and total debt of ¥3.6B, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are ¥22.0B and ¥7.5B respectively. MRK Holdings's EBIT is ¥552.0M making its interest coverage ratio -4.9. It has cash and short-term investments of ¥2.6B.
Key information
24.7%
Debt to equity ratio
JP¥3.60b
Debt
Interest coverage ratio | -4.9x |
Cash | JP¥2.56b |
Equity | JP¥14.56b |
Total liabilities | JP¥7.46b |
Total assets | JP¥22.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9980's short term assets (¥16.2B) exceed its short term liabilities (¥5.6B).
Long Term Liabilities: 9980's short term assets (¥16.2B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 9980's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: 9980's debt to equity ratio has increased from 0.1% to 24.7% over the past 5 years.
Debt Coverage: 9980's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9980 earns more interest than it pays, so coverage of interest payments is not a concern.