MTI Balance Sheet Health
Financial Health criteria checks 5/6
MTI has a total shareholder equity of ¥19.1B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are ¥29.7B and ¥10.5B respectively. MTI's EBIT is ¥2.4B making its interest coverage ratio 332.9. It has cash and short-term investments of ¥14.8B.
Key information
12.7%
Debt to equity ratio
JP¥2.43b
Debt
| Interest coverage ratio | 332.9x |
| Cash | JP¥14.83b |
| Equity | JP¥19.14b |
| Total liabilities | JP¥10.54b |
| Total assets | JP¥29.69b |
Recent financial health updates
Recent updates
MTI Ltd.'s (TSE:9438) Shares Climb 28% But Its Business Is Yet to Catch Up
Aug 23
Estimating The Intrinsic Value Of MTI Ltd. (TSE:9438)
Aug 09Is MTI (TSE:9438) A Risky Investment?
Jul 24Optimistic Investors Push MTI Ltd. (TSE:9438) Shares Up 27% But Growth Is Lacking
Jun 20MTI's (TSE:9438) Shareholders May Want To Dig Deeper Than Statutory Profit
May 22MTI Ltd.'s (TSE:9438) 27% Share Price Surge Not Quite Adding Up
Feb 29Financial Position Analysis
Short Term Liabilities: 9438's short term assets (¥20.2B) exceed its short term liabilities (¥7.0B).
Long Term Liabilities: 9438's short term assets (¥20.2B) exceed its long term liabilities (¥3.6B).
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 0.3% to 12.7% over the past 5 years.
Debt Coverage: 9438's debt is well covered by operating cash flow (169.9%).
Interest Coverage: 9438's interest payments on its debt are well covered by EBIT (332.9x coverage).