Morishita Jintan Balance Sheet Health
Financial Health criteria checks 6/6
Morishita Jintan has a total shareholder equity of ¥12.5B and total debt of ¥688.0M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ¥17.6B and ¥5.1B respectively. Morishita Jintan's EBIT is ¥339.0M making its interest coverage ratio -5.9. It has cash and short-term investments of ¥843.0M.
Key information
5.5%
Debt to equity ratio
JP¥688.00m
Debt
| Interest coverage ratio | -5.9x |
| Cash | JP¥843.00m |
| Equity | JP¥12.48b |
| Total liabilities | JP¥5.15b |
| Total assets | JP¥17.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4524's short term assets (¥7.0B) exceed its short term liabilities (¥3.2B).
Long Term Liabilities: 4524's short term assets (¥7.0B) exceed its long term liabilities (¥2.0B).
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 10.8% to 5.5% over the past 5 years.
Debt Coverage: 4524's debt is well covered by operating cash flow (35.2%).
Interest Coverage: 4524 earns more interest than it pays, so coverage of interest payments is not a concern.