Morinaga&Co Balance Sheet Health

Financial Health criteria checks 5/6

Morinaga&Co has a total shareholder equity of ¥132.7B and total debt of ¥19.0B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are ¥223.6B and ¥91.0B respectively. Morinaga&Co's EBIT is ¥20.2B making its interest coverage ratio -91.1. It has cash and short-term investments of ¥49.9B.

Key information

14.3%

Debt to equity ratio

JP¥19.00b

Debt

Interest coverage ratio-91.1x
CashJP¥49.90b
EquityJP¥132.65b
Total liabilitiesJP¥90.99b
Total assetsJP¥223.64b

Recent financial health updates

Recent updates

Returns On Capital At Morinaga&Co (TSE:2201) Have Hit The Brakes

Apr 19
Returns On Capital At Morinaga&Co (TSE:2201) Have Hit The Brakes

Risks To Shareholder Returns Are Elevated At These Prices For Morinaga&Co., Ltd. (TSE:2201)

Mar 20
Risks To Shareholder Returns Are Elevated At These Prices For Morinaga&Co., Ltd. (TSE:2201)

Is Morinaga&Co (TSE:2201) A Risky Investment?

Mar 05
Is Morinaga&Co (TSE:2201) A Risky Investment?

Financial Position Analysis

Short Term Liabilities: 2201's short term assets (¥118.0B) exceed its short term liabilities (¥64.4B).

Long Term Liabilities: 2201's short term assets (¥118.0B) exceed its long term liabilities (¥26.6B).


Debt to Equity History and Analysis

Debt Level: 2201 has more cash than its total debt.

Reducing Debt: 2201's debt to equity ratio has increased from 11% to 14.3% over the past 5 years.

Debt Coverage: 2201's debt is well covered by operating cash flow (158.8%).

Interest Coverage: 2201 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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