MEC Balance Sheet Health
Financial Health criteria checks 6/6
MEC has a total shareholder equity of ¥24.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥28.7B and ¥3.9B respectively. MEC's EBIT is ¥2.5B making its interest coverage ratio -37.8. It has cash and short-term investments of ¥8.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -37.8x |
Cash | JP¥8.76b |
Equity | JP¥24.78b |
Total liabilities | JP¥3.89b |
Total assets | JP¥28.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4971's short term assets (¥15.5B) exceed its short term liabilities (¥2.9B).
Long Term Liabilities: 4971's short term assets (¥15.5B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 4971 is debt free.
Reducing Debt: 4971 has no debt compared to 5 years ago when its debt to equity ratio was 4.9%.
Debt Coverage: 4971 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4971 has no debt, therefore coverage of interest payments is not a concern.