Mammy Mart Balance Sheet Health
Financial Health criteria checks 5/6
Mammy Mart has a total shareholder equity of ¥36.6B and total debt of ¥320.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ¥68.6B and ¥32.0B respectively. Mammy Mart's EBIT is ¥7.2B making its interest coverage ratio -232.9. It has cash and short-term investments of ¥7.4B.
Key information
0.9%
Debt to equity ratio
JP¥320.00m
Debt
Interest coverage ratio | -232.9x |
Cash | JP¥7.42b |
Equity | JP¥36.58b |
Total liabilities | JP¥32.02b |
Total assets | JP¥68.60b |
Recent financial health updates
These 4 Measures Indicate That Mammy Mart (TSE:9823) Is Using Debt Safely
Apr 12Is Mammy Mart (TYO:9823) Using Too Much Debt?
Nov 18Recent updates
Mammy Mart Corporation's (TSE:9823) Shares Leap 27% Yet They're Still Not Telling The Full Story
Jun 28We Think Mammy Mart's (TSE:9823) Robust Earnings Are Conservative
May 20These 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 (¥17.0B) do not cover its short term liabilities (¥24.1B).
Long Term Liabilities: 9823's short term assets (¥17.0B) exceed its long term liabilities (¥7.9B).
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 57% to 0.9% over the past 5 years.
Debt Coverage: 9823's debt is well covered by operating cash flow (4605%).
Interest Coverage: 9823 earns more interest than it pays, so coverage of interest payments is not a concern.