Molitec Steel Balance Sheet Health
Financial Health criteria checks 4/6
Molitec Steel has a total shareholder equity of ¥14.3B and total debt of ¥6.1B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are ¥36.5B and ¥22.3B respectively. Molitec Steel's EBIT is ¥264.0M making its interest coverage ratio 24. It has cash and short-term investments of ¥5.5B.
Key information
42.9%
Debt to equity ratio
JP¥6.11b
Debt
| Interest coverage ratio | 24x |
| Cash | JP¥5.55b |
| Equity | JP¥14.26b |
| Total liabilities | JP¥22.28b |
| Total assets | JP¥36.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5986's short term assets (¥26.3B) exceed its short term liabilities (¥19.1B).
Long Term Liabilities: 5986's short term assets (¥26.3B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 5986's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: 5986's debt to equity ratio has increased from 9.7% to 42.9% over the past 5 years.
Debt Coverage: 5986's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: 5986's interest payments on its debt are well covered by EBIT (24x coverage).