Mory Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mory Industries has a total shareholder equity of ¥55.0B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ¥70.0B and ¥15.0B respectively. Mory Industries's EBIT is ¥5.7B making its interest coverage ratio -51.7. It has cash and short-term investments of ¥18.6B.
Key information
3.7%
Debt to equity ratio
JP¥2.02b
Debt
| Interest coverage ratio | -51.7x |
| Cash | JP¥18.56b |
| Equity | JP¥54.98b |
| Total liabilities | JP¥15.04b |
| Total assets | JP¥70.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5464's short term assets (¥45.4B) exceed its short term liabilities (¥12.8B).
Long Term Liabilities: 5464's short term assets (¥45.4B) exceed its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: 5464 has more cash than its total debt.
Reducing Debt: 5464's debt to equity ratio has reduced from 5% to 3.7% over the past 5 years.
Debt Coverage: 5464's debt is well covered by operating cash flow (279.6%).
Interest Coverage: 5464 earns more interest than it pays, so coverage of interest payments is not a concern.