Maruha Nichiro Balance Sheet Health
Financial Health criteria checks 4/6
Maruha Nichiro has a total shareholder equity of ¥242.7B and total debt of ¥309.4B, which brings its debt-to-equity ratio to 127.5%. Its total assets and total liabilities are ¥698.5B and ¥455.8B respectively. Maruha Nichiro's EBIT is ¥27.5B making its interest coverage ratio 13.4. It has cash and short-term investments of ¥34.9B.
Key information
127.5%
Debt to equity ratio
JP¥309.36b
Debt
Interest coverage ratio | 13.4x |
Cash | JP¥34.93b |
Equity | JP¥242.65b |
Total liabilities | JP¥455.83b |
Total assets | JP¥698.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1333's short term assets (¥444.2B) exceed its short term liabilities (¥298.2B).
Long Term Liabilities: 1333's short term assets (¥444.2B) exceed its long term liabilities (¥157.6B).
Debt to Equity History and Analysis
Debt Level: 1333's net debt to equity ratio (113.1%) is considered high.
Reducing Debt: 1333's debt to equity ratio has reduced from 192.9% to 127.5% over the past 5 years.
Debt Coverage: 1333's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: 1333's interest payments on its debt are well covered by EBIT (13.4x coverage).