Maruha Nichiro Balance Sheet Health
Financial Health criteria checks 4/6
Maruha Nichiro has a total shareholder equity of ¥256.5B and total debt of ¥301.9B, which brings its debt-to-equity ratio to 117.7%. Its total assets and total liabilities are ¥708.2B and ¥451.6B respectively. Maruha Nichiro's EBIT is ¥26.5B making its interest coverage ratio 11.7. It has cash and short-term investments of ¥35.5B.
Key information
117.7%
Debt to equity ratio
JP¥301.94b
Debt
| Interest coverage ratio | 11.7x |
| Cash | JP¥35.46b |
| Equity | JP¥256.51b |
| Total liabilities | JP¥451.65b |
| Total assets | JP¥708.15b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1333's short term assets (¥432.8B) exceed its short term liabilities (¥274.5B).
Long Term Liabilities: 1333's short term assets (¥432.8B) exceed its long term liabilities (¥177.1B).
Debt to Equity History and Analysis
Debt Level: 1333's net debt to equity ratio (103.9%) is considered high.
Reducing Debt: 1333's debt to equity ratio has reduced from 183.7% to 117.7% over the past 5 years.
Debt Coverage: 1333's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 1333's interest payments on its debt are well covered by EBIT (11.7x coverage).