Mental Health TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 2/6
Mental Health TechnologiesLtd has a total shareholder equity of ¥1.1B and total debt of ¥2.6B, which brings its debt-to-equity ratio to 230.3%. Its total assets and total liabilities are ¥4.3B and ¥3.2B respectively. Mental Health TechnologiesLtd's EBIT is ¥187.0M making its interest coverage ratio 12.5. It has cash and short-term investments of ¥1.1B.
Key information
230.3%
Debt to equity ratio
JP¥2.56b
Debt
| Interest coverage ratio | 12.5x |
| Cash | JP¥1.06b |
| Equity | JP¥1.11b |
| Total liabilities | JP¥3.16b |
| Total assets | JP¥4.27b |
Financial Position Analysis
Short Term Liabilities: 9218's short term assets (¥1.7B) exceed its short term liabilities (¥948.0M).
Long Term Liabilities: 9218's short term assets (¥1.7B) do not cover its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 9218's net debt to equity ratio (135.4%) is considered high.
Reducing Debt: Insufficient data to determine if 9218's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9218's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: 9218's interest payments on its debt are well covered by EBIT (12.5x coverage).