Mory Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mory Industries has a total shareholder equity of ¥54.6B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ¥70.3B and ¥15.7B respectively. Mory Industries's EBIT is ¥5.9B making its interest coverage ratio -39.1. It has cash and short-term investments of ¥18.4B.
Key information
3.7%
Debt to equity ratio
JP¥2.04b
Debt
Interest coverage ratio | -39.1x |
Cash | JP¥18.36b |
Equity | JP¥54.60b |
Total liabilities | JP¥15.70b |
Total assets | JP¥70.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5464's short term assets (¥45.8B) exceed its short term liabilities (¥13.3B).
Long Term Liabilities: 5464's short term assets (¥45.8B) exceed its long term liabilities (¥2.4B).
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 5.2% to 3.7% over the past 5 years.
Debt Coverage: 5464's debt is well covered by operating cash flow (325.1%).
Interest Coverage: 5464 earns more interest than it pays, so coverage of interest payments is not a concern.