Morishita Jintan Balance Sheet Health
Financial Health criteria checks 6/6
Morishita Jintan has a total shareholder equity of ¥12.4B and total debt of ¥929.0M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are ¥17.9B and ¥5.5B respectively. Morishita Jintan's EBIT is ¥663.0M making its interest coverage ratio -11.4. It has cash and short-term investments of ¥873.0M.
Key information
7.5%
Debt to equity ratio
JP¥929.00m
Debt
| Interest coverage ratio | -11.4x |
| Cash | JP¥873.00m |
| Equity | JP¥12.45b |
| Total liabilities | JP¥5.50b |
| Total assets | JP¥17.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4524's short term assets (¥7.5B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 4524's short term assets (¥7.5B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 4524's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 4524's debt to equity ratio has reduced from 12.2% to 7.5% over the past 5 years.
Debt Coverage: 4524's debt is well covered by operating cash flow (21.1%).
Interest Coverage: 4524 earns more interest than it pays, so coverage of interest payments is not a concern.