Morozoff Balance Sheet Health
Financial Health criteria checks 5/6
Morozoff has a total shareholder equity of ¥19.7B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are ¥27.9B and ¥8.2B respectively. Morozoff's EBIT is ¥2.5B making its interest coverage ratio -274.9. It has cash and short-term investments of ¥7.6B.
Key information
8.1%
Debt to equity ratio
JP¥1.59b
Debt
Interest coverage ratio | -274.9x |
Cash | JP¥7.63b |
Equity | JP¥19.72b |
Total liabilities | JP¥8.20b |
Total assets | JP¥27.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2217's short term assets (¥17.5B) exceed its short term liabilities (¥7.5B).
Long Term Liabilities: 2217's short term assets (¥17.5B) exceed its long term liabilities (¥667.0M).
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 (133.1%).
Interest Coverage: 2217 earns more interest than it pays, so coverage of interest payments is not a concern.