M H Group Balance Sheet Health
Financial Health criteria checks 5/6
M H Group has a total shareholder equity of ¥534.0M and total debt of ¥159.0M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are ¥2.1B and ¥1.5B respectively. M H Group's EBIT is ¥32.0M making its interest coverage ratio 32. It has cash and short-term investments of ¥607.0M.
Key information
29.8%
Debt to equity ratio
JP¥159.00m
Debt
| Interest coverage ratio | 32x |
| Cash | JP¥607.00m |
| Equity | JP¥534.00m |
| Total liabilities | JP¥1.54b |
| Total assets | JP¥2.08b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9439's short term assets (¥1.8B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 9439's short term assets (¥1.8B) exceed its long term liabilities (¥146.0M).
Debt to Equity History and Analysis
Debt Level: 9439 has more cash than its total debt.
Reducing Debt: 9439's debt to equity ratio has increased from 12.2% to 29.8% over the past 5 years.
Debt Coverage: 9439's debt is well covered by operating cash flow (21.4%).
Interest Coverage: 9439's interest payments on its debt are well covered by EBIT (32x coverage).