Material Group Balance Sheet Health
Financial Health criteria checks 4/6
Material Group has a total shareholder equity of ¥1.4B and total debt of ¥374.0M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are ¥2.6B and ¥1.2B respectively. Material Group's EBIT is ¥714.0M making its interest coverage ratio 142.8. It has cash and short-term investments of ¥614.0M.
Key information
26.1%
Debt to equity ratio
JP¥374.00m
Debt
Interest coverage ratio | 142.8x |
Cash | JP¥614.00m |
Equity | JP¥1.43b |
Total liabilities | JP¥1.21b |
Total assets | JP¥2.64b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 156A's short term assets (¥1.7B) exceed its short term liabilities (¥923.0M).
Long Term Liabilities: 156A's short term assets (¥1.7B) exceed its long term liabilities (¥283.0M).
Debt to Equity History and Analysis
Debt Level: 156A has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 156A's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if 156A's debt is well covered by operating cash flow.
Interest Coverage: 156A's interest payments on its debt are well covered by EBIT (142.8x coverage).