MRT Balance Sheet Health
Financial Health criteria checks 4/6
MRT has a total shareholder equity of ¥4.7B and total debt of ¥475.0M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are ¥6.5B and ¥1.8B respectively. MRT's EBIT is ¥834.0M making its interest coverage ratio 139. It has cash and short-term investments of ¥3.8B.
Key information
10.1%
Debt to equity ratio
JP¥475.00m
Debt
Interest coverage ratio | 139x |
Cash | JP¥3.81b |
Equity | JP¥4.72b |
Total liabilities | JP¥1.76b |
Total assets | JP¥6.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6034's short term assets (¥4.9B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 6034's short term assets (¥4.9B) exceed its long term liabilities (¥381.0M).
Debt to Equity History and Analysis
Debt Level: 6034 has more cash than its total debt.
Reducing Debt: 6034's debt to equity ratio has increased from 0.5% to 10.1% over the past 5 years.
Debt Coverage: 6034's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6034's interest payments on its debt are well covered by EBIT (139x coverage).