MatsukiyoCocokara Balance Sheet Health
Financial Health criteria checks 5/6
MatsukiyoCocokara has a total shareholder equity of ¥517.8B and total debt of ¥19.5B, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ¥716.2B and ¥198.4B respectively. MatsukiyoCocokara's EBIT is ¥75.5B making its interest coverage ratio -141.1. It has cash and short-term investments of ¥111.7B.
Key information
3.8%
Debt to equity ratio
JP¥19.46b
Debt
| Interest coverage ratio | -141.1x |
| Cash | JP¥111.65b |
| Equity | JP¥517.77b |
| Total liabilities | JP¥198.42b |
| Total assets | JP¥716.19b |
Recent financial health updates
MatsukiyoCocokara (TSE:3088) Has A Rock Solid Balance Sheet
Aug 13
Is MatsukiyoCocokara (TSE:3088) Using Too Much Debt?
Apr 29Recent updates
MatsukiyoCocokara & Co.'s (TSE:3088) Share Price Could Signal Some Risk
Sep 03MatsukiyoCocokara (TSE:3088) Has A Rock Solid Balance Sheet
Aug 13Are Investors Undervaluing MatsukiyoCocokara & Co. (TSE:3088) By 30%?
Jul 12Does MatsukiyoCocokara (TSE:3088) Deserve A Spot On Your Watchlist?
Jun 15Is MatsukiyoCocokara (TSE:3088) Using Too Much Debt?
Apr 29With EPS Growth And More, MatsukiyoCocokara (TSE:3088) Makes An Interesting Case
Mar 13Financial Position Analysis
Short Term Liabilities: 3088's short term assets (¥365.0B) exceed its short term liabilities (¥168.2B).
Long Term Liabilities: 3088's short term assets (¥365.0B) exceed its long term liabilities (¥30.2B).
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 (326.3%).
Interest Coverage: 3088 earns more interest than it pays, so coverage of interest payments is not a concern.