Morishita Jintan Balance Sheet Health
Financial Health criteria checks 6/6
Morishita Jintan has a total shareholder equity of ¥12.0B and total debt of ¥611.0M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ¥17.2B and ¥5.1B respectively. Morishita Jintan's EBIT is ¥966.0M making its interest coverage ratio -18.6. It has cash and short-term investments of ¥1.4B.
Key information
5.1%
Debt to equity ratio
JP¥611.00m
Debt
Interest coverage ratio | -18.6x |
Cash | JP¥1.44b |
Equity | JP¥12.03b |
Total liabilities | JP¥5.15b |
Total assets | JP¥17.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4524's short term assets (¥7.4B) exceed its short term liabilities (¥3.2B).
Long Term Liabilities: 4524's short term assets (¥7.4B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 4524 has more cash than its total debt.
Reducing Debt: 4524's debt to equity ratio has reduced from 13.6% to 5.1% over the past 5 years.
Debt Coverage: 4524's debt is well covered by operating cash flow (76.8%).
Interest Coverage: 4524 earns more interest than it pays, so coverage of interest payments is not a concern.