MTI Balance Sheet Health
Financial Health criteria checks 5/6
MTI has a total shareholder equity of ¥17.6B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are ¥27.9B and ¥10.3B respectively. MTI's EBIT is ¥795.0M making its interest coverage ratio 132.5. It has cash and short-term investments of ¥12.1B.
Key information
17.0%
Debt to equity ratio
JP¥2.99b
Debt
Interest coverage ratio | 132.5x |
Cash | JP¥12.11b |
Equity | JP¥17.62b |
Total liabilities | JP¥10.32b |
Total assets | JP¥27.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9438's short term assets (¥17.4B) exceed its short term liabilities (¥6.2B).
Long Term Liabilities: 9438's short term assets (¥17.4B) exceed its long term liabilities (¥4.1B).
Debt to Equity History and Analysis
Debt Level: 9438 has more cash than its total debt.
Reducing Debt: 9438's debt to equity ratio has increased from 0% to 17% over the past 5 years.
Debt Coverage: 9438's debt is well covered by operating cash flow (159.3%).
Interest Coverage: 9438's interest payments on its debt are well covered by EBIT (132.5x coverage).