MatsukiyoCocokara Balance Sheet Health
Financial Health criteria checks 5/6
MatsukiyoCocokara has a total shareholder equity of ¥515.2B and total debt of ¥19.4B, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ¥724.7B and ¥209.6B respectively. MatsukiyoCocokara's EBIT is ¥75.7B making its interest coverage ratio -134.6. It has cash and short-term investments of ¥117.7B.
Key information
3.8%
Debt to equity ratio
JP¥19.37b
Debt
Interest coverage ratio | -134.6x |
Cash | JP¥117.72b |
Equity | JP¥515.18b |
Total liabilities | JP¥209.57b |
Total assets | JP¥724.75b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3088's short term assets (¥370.8B) exceed its short term liabilities (¥179.4B).
Long Term Liabilities: 3088's short term assets (¥370.8B) exceed its long term liabilities (¥30.1B).
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 (327.9%).
Interest Coverage: 3088 earns more interest than it pays, so coverage of interest payments is not a concern.