Molitec Steel Balance Sheet Health
Financial Health criteria checks 5/6
Molitec Steel has a total shareholder equity of ¥14.2B and total debt of ¥5.2B, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are ¥37.2B and ¥23.0B respectively. Molitec Steel's EBIT is ¥260.0M making its interest coverage ratio 13.7. It has cash and short-term investments of ¥5.7B.
Key information
36.7%
Debt to equity ratio
JP¥5.21b
Debt
Interest coverage ratio | 13.7x |
Cash | JP¥5.71b |
Equity | JP¥14.18b |
Total liabilities | JP¥23.05b |
Total assets | JP¥37.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5986's short term assets (¥26.5B) exceed its short term liabilities (¥19.5B).
Long Term Liabilities: 5986's short term assets (¥26.5B) exceed its long term liabilities (¥3.6B).
Debt to Equity History and Analysis
Debt Level: 5986 has more cash than its total debt.
Reducing Debt: 5986's debt to equity ratio has increased from 10.6% to 36.7% over the past 5 years.
Debt Coverage: 5986's debt is well covered by operating cash flow (35.3%).
Interest Coverage: 5986's interest payments on its debt are well covered by EBIT (13.7x coverage).