Medical Net Balance Sheet Health
Financial Health criteria checks 4/6
Medical Net has a total shareholder equity of ¥1.9B and total debt of ¥1.0B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are ¥4.0B and ¥2.1B respectively. Medical Net's EBIT is ¥299.0M making its interest coverage ratio 59.8. It has cash and short-term investments of ¥1.5B.
Key information
53.3%
Debt to equity ratio
JP¥1.03b
Debt
| Interest coverage ratio | 59.8x |
| Cash | JP¥1.53b |
| Equity | JP¥1.93b |
| Total liabilities | JP¥2.06b |
| Total assets | JP¥3.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3645's short term assets (¥2.8B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 3645's short term assets (¥2.8B) exceed its long term liabilities (¥437.0M).
Debt to Equity History and Analysis
Debt Level: 3645 has more cash than its total debt.
Reducing Debt: 3645's debt to equity ratio has increased from 5.5% to 53.3% over the past 5 years.
Debt Coverage: 3645's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: 3645's interest payments on its debt are well covered by EBIT (59.8x coverage).