MTG Balance Sheet Health
Financial Health criteria checks 6/6
MTG has a total shareholder equity of ¥43.0B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥54.3B and ¥11.2B respectively. MTG's EBIT is ¥3.5B making its interest coverage ratio -192.6. It has cash and short-term investments of ¥13.2B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -192.6x |
Cash | JP¥13.23b |
Equity | JP¥43.04b |
Total liabilities | JP¥11.22b |
Total assets | JP¥54.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7806's short term assets (¥35.6B) exceed its short term liabilities (¥10.7B).
Long Term Liabilities: 7806's short term assets (¥35.6B) exceed its long term liabilities (¥475.0M).
Debt to Equity History and Analysis
Debt Level: 7806 is debt free.
Reducing Debt: 7806 has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.
Debt Coverage: 7806 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7806 has no debt, therefore coverage of interest payments is not a concern.