MARUICHILtd Balance Sheet Health
Financial Health criteria checks 6/6
MARUICHILtd has a total shareholder equity of ¥26.2B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ¥67.3B and ¥41.1B respectively. MARUICHILtd's EBIT is ¥1.8B making its interest coverage ratio -14.3. It has cash and short-term investments of ¥8.7B.
Key information
8.2%
Debt to equity ratio
JP¥2.14b
Debt
Interest coverage ratio | -14.3x |
Cash | JP¥8.71b |
Equity | JP¥26.19b |
Total liabilities | JP¥41.12b |
Total assets | JP¥67.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8228's short term assets (¥47.3B) exceed its short term liabilities (¥39.4B).
Long Term Liabilities: 8228's short term assets (¥47.3B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 8228 has more cash than its total debt.
Reducing Debt: 8228's debt to equity ratio has reduced from 12.4% to 8.2% over the past 5 years.
Debt Coverage: 8228's debt is well covered by operating cash flow (147%).
Interest Coverage: 8228 earns more interest than it pays, so coverage of interest payments is not a concern.