MORESCO Balance Sheet Health
Financial Health criteria checks 6/6
MORESCO has a total shareholder equity of ¥24.7B and total debt of ¥5.3B, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are ¥38.1B and ¥13.5B respectively. MORESCO's EBIT is ¥1.3B making its interest coverage ratio -100. It has cash and short-term investments of ¥5.1B.
Key information
21.7%
Debt to equity ratio
JP¥5.35b
Debt
| Interest coverage ratio | -100x |
| Cash | JP¥5.06b |
| Equity | JP¥24.65b |
| Total liabilities | JP¥13.46b |
| Total assets | JP¥38.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5018's short term assets (¥21.3B) exceed its short term liabilities (¥10.0B).
Long Term Liabilities: 5018's short term assets (¥21.3B) exceed its long term liabilities (¥3.5B).
Debt to Equity History and Analysis
Debt Level: 5018's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: 5018's debt to equity ratio has reduced from 22.3% to 21.7% over the past 5 years.
Debt Coverage: 5018's debt is well covered by operating cash flow (56.2%).
Interest Coverage: 5018 earns more interest than it pays, so coverage of interest payments is not a concern.