Maruichi Steel Tube Balance Sheet Health
Financial Health criteria checks 6/6
Maruichi Steel Tube has a total shareholder equity of ¥360.5B and total debt of ¥7.7B, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥429.5B and ¥69.0B respectively. Maruichi Steel Tube's EBIT is ¥34.8B making its interest coverage ratio -14.4. It has cash and short-term investments of ¥105.4B.
Key information
2.1%
Debt to equity ratio
JP¥7.67b
Debt
| Interest coverage ratio | -14.4x |
| Cash | JP¥105.37b |
| Equity | JP¥360.50b |
| Total liabilities | JP¥69.03b |
| Total assets | JP¥429.53b |
Recent financial health updates
No updates
Recent updates
With EPS Growth And More, Maruichi Steel Tube (TSE:5463) Makes An Interesting Case
Jun 14
Some Shareholders Feeling Restless Over Maruichi Steel Tube Ltd.'s (TSE:5463) P/E Ratio
May 01Maruichi Steel Tube (TSE:5463) Shareholders Will Want The ROCE Trajectory To Continue
Apr 09Maruichi Steel Tube (TSE:5463) Is Due To Pay A Dividend Of ¥69.50
Mar 03Financial Position Analysis
Short Term Liabilities: 5463's short term assets (¥222.2B) exceed its short term liabilities (¥49.2B).
Long Term Liabilities: 5463's short term assets (¥222.2B) exceed its long term liabilities (¥19.8B).
Debt to Equity History and Analysis
Debt Level: 5463 has more cash than its total debt.
Reducing Debt: 5463's debt to equity ratio has reduced from 4.2% to 2.1% over the past 5 years.
Debt Coverage: 5463's debt is well covered by operating cash flow (465.1%).
Interest Coverage: 5463 earns more interest than it pays, so coverage of interest payments is not a concern.