Morozoff Balance Sheet Health
Financial Health criteria checks 5/6
Morozoff has a total shareholder equity of ¥19.8B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are ¥25.7B and ¥6.0B respectively. Morozoff's EBIT is ¥2.4B making its interest coverage ratio -296. It has cash and short-term investments of ¥8.2B.
Key information
8.0%
Debt to equity ratio
JP¥1.59b
Debt
| Interest coverage ratio | -296x |
| Cash | JP¥8.15b |
| Equity | JP¥19.76b |
| Total liabilities | JP¥5.96b |
| Total assets | JP¥25.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2217's short term assets (¥14.6B) exceed its short term liabilities (¥5.1B).
Long Term Liabilities: 2217's short term assets (¥14.6B) exceed its long term liabilities (¥836.0M).
Debt to Equity History and Analysis
Debt Level: 2217 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2217's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2217's debt is well covered by operating cash flow (35.3%).
Interest Coverage: 2217 earns more interest than it pays, so coverage of interest payments is not a concern.