Mammy Mart Balance Sheet Health
Financial Health criteria checks 5/6
Mammy Mart has a total shareholder equity of ¥35.1B and total debt of ¥340.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ¥69.0B and ¥33.9B respectively. Mammy Mart's EBIT is ¥6.6B making its interest coverage ratio -218.6. It has cash and short-term investments of ¥6.9B.
Key information
1.0%
Debt to equity ratio
JP¥340.00m
Debt
| Interest coverage ratio | -218.6x |
| Cash | JP¥6.90b |
| Equity | JP¥35.05b |
| Total liabilities | JP¥33.92b |
| Total assets | JP¥68.97b |
Recent financial health updates
These 4 Measures Indicate That Mammy Mart (TSE:9823) Is Using Debt Safely
Apr 12
Is Mammy Mart (TYO:9823) Using Too Much Debt?
Nov 18
Recent updates
These 4 Measures Indicate That Mammy Mart (TSE:9823) Is Using Debt Safely
Apr 12We Like These Underlying Return On Capital Trends At Mammy Mart (TYO:9823)
Apr 07Does Mammy Mart Corporation (TYO:9823) Have A Place In Your Dividend Portfolio?
Mar 17Here's Why We Think Mammy Mart (TYO:9823) Is Well Worth Watching
Feb 11Do Fundamentals Have Any Role To Play In Driving Mammy Mart Corporation's (TYO:9823) Stock Up Recently?
Dec 31Is Mammy Mart (TYO:9823) Using Too Much Debt?
Nov 18Financial Position Analysis
Short Term Liabilities: 9823's short term assets (¥17.8B) do not cover its short term liabilities (¥25.9B).
Long Term Liabilities: 9823's short term assets (¥17.8B) exceed its long term liabilities (¥8.0B).
Debt to Equity History and Analysis
Debt Level: 9823 has more cash than its total debt.
Reducing Debt: 9823's debt to equity ratio has reduced from 61.4% to 1% over the past 5 years.
Debt Coverage: 9823's debt is well covered by operating cash flow (4327.4%).
Interest Coverage: 9823 earns more interest than it pays, so coverage of interest payments is not a concern.