Makiya Balance Sheet Health
Financial Health criteria checks 6/6
Makiya has a total shareholder equity of ¥19.1B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are ¥36.8B and ¥17.7B respectively. Makiya's EBIT is ¥2.1B making its interest coverage ratio 1045.5. It has cash and short-term investments of ¥4.6B.
Key information
23.4%
Debt to equity ratio
JP¥4.46b
Debt
| Interest coverage ratio | 1045.5x |
| Cash | JP¥4.60b |
| Equity | JP¥19.10b |
| Total liabilities | JP¥17.68b |
| Total assets | JP¥36.77b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9890's short term assets (¥12.6B) exceed its short term liabilities (¥12.6B).
Long Term Liabilities: 9890's short term assets (¥12.6B) exceed its long term liabilities (¥5.1B).
Debt to Equity History and Analysis
Debt Level: 9890 has more cash than its total debt.
Reducing Debt: 9890's debt to equity ratio has reduced from 44.2% to 23.4% over the past 5 years.
Debt Coverage: 9890's debt is well covered by operating cash flow (66.9%).
Interest Coverage: 9890's interest payments on its debt are well covered by EBIT (1045.5x coverage).