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 |
Cash | JP¥49.90b |
Equity | JP¥132.65b |
Total liabilities | JP¥90.99b |
Total assets | JP¥223.64b |
Recent financial health updates
Recent updates
Morinaga&Co., Ltd.'s (TSE:2201) Earnings Haven't Escaped The Attention Of Investors
Jul 13Returns On Capital At Morinaga&Co (TSE:2201) Have Hit The Brakes
Apr 19Risks To Shareholder Returns Are Elevated At These Prices For Morinaga&Co., Ltd. (TSE:2201)
Mar 20Is Morinaga&Co (TSE:2201) A Risky Investment?
Mar 05Financial 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.