Maruha Nichiro Balance Sheet Health
Financial Health criteria checks 4/6
Maruha Nichiro has a total shareholder equity of ¥265.0B and total debt of ¥285.9B, which brings its debt-to-equity ratio to 107.9%. Its total assets and total liabilities are ¥692.6B and ¥427.6B respectively. Maruha Nichiro's EBIT is ¥25.8B making its interest coverage ratio 10.8. It has cash and short-term investments of ¥41.2B.
Key information
107.9%
Debt to equity ratio
JP¥285.94b
Debt
| Interest coverage ratio | 10.8x |
| Cash | JP¥41.24b |
| Equity | JP¥264.98b |
| Total liabilities | JP¥427.62b |
| Total assets | JP¥692.61b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1333's short term assets (¥424.1B) exceed its short term liabilities (¥259.1B).
Long Term Liabilities: 1333's short term assets (¥424.1B) exceed its long term liabilities (¥168.5B).
Debt to Equity History and Analysis
Debt Level: 1333's net debt to equity ratio (92.3%) is considered high.
Reducing Debt: 1333's debt to equity ratio has reduced from 175% to 107.9% over the past 5 years.
Debt Coverage: 1333's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: 1333's interest payments on its debt are well covered by EBIT (10.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:48 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Maruha Nichiro Corporation is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yumiko Kai | Ichiyoshi Research Institute Inc. |
| Naomi Takagi | J.P. Morgan |
| Yamato Kihiko | Okasan Securities Co. Ltd. |