MORESCO Balance Sheet Health
Financial Health criteria checks 5/6
MORESCO has a total shareholder equity of ¥23.1B and total debt of ¥6.1B, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are ¥37.1B and ¥13.9B respectively. MORESCO's EBIT is ¥1.2B making its interest coverage ratio -33.1. It has cash and short-term investments of ¥5.6B.
Key information
26.4%
Debt to equity ratio
JP¥6.11b
Debt
Interest coverage ratio | -33.1x |
Cash | JP¥5.64b |
Equity | JP¥23.12b |
Total liabilities | JP¥13.93b |
Total assets | JP¥37.05b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5018's short term assets (¥21.0B) exceed its short term liabilities (¥9.9B).
Long Term Liabilities: 5018's short term assets (¥21.0B) exceed its long term liabilities (¥4.1B).
Debt to Equity History and Analysis
Debt Level: 5018's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: 5018's debt to equity ratio has increased from 16.6% to 26.4% over the past 5 years.
Debt Coverage: 5018's debt is well covered by operating cash flow (43.8%).
Interest Coverage: 5018 earns more interest than it pays, so coverage of interest payments is not a concern.