MatsukiyoCocokara Balance Sheet Health
Financial Health criteria checks 5/6
MatsukiyoCocokara has a total shareholder equity of ¥505.4B and total debt of ¥19.4B, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ¥710.7B and ¥205.3B respectively. MatsukiyoCocokara's EBIT is ¥72.6B making its interest coverage ratio -130.6. It has cash and short-term investments of ¥98.9B.
Key information
3.8%
Debt to equity ratio
JP¥19.38b
Debt
Interest coverage ratio | -130.6x |
Cash | JP¥98.85b |
Equity | JP¥505.43b |
Total liabilities | JP¥205.26b |
Total assets | JP¥710.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3088's short term assets (¥354.9B) exceed its short term liabilities (¥157.8B).
Long Term Liabilities: 3088's short term assets (¥354.9B) exceed its long term liabilities (¥47.5B).
Debt to Equity History and Analysis
Debt Level: 3088 has more cash than its total debt.
Reducing Debt: 3088's debt to equity ratio has increased from 0% to 3.8% over the past 5 years.
Debt Coverage: 3088's debt is well covered by operating cash flow (338.4%).
Interest Coverage: 3088 earns more interest than it pays, so coverage of interest payments is not a concern.