Mullion Balance Sheet Health
Financial Health criteria checks 1/6
Mullion has a total shareholder equity of ¥4.1B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 219.8%. Its total assets and total liabilities are ¥18.5B and ¥14.4B respectively. Mullion's EBIT is ¥315.0M making its interest coverage ratio 2.9. It has cash and short-term investments of ¥1.6B.
Key information
219.8%
Debt to equity ratio
JP¥8.97b
Debt
Interest coverage ratio | 2.9x |
Cash | JP¥1.61b |
Equity | JP¥4.08b |
Total liabilities | JP¥14.40b |
Total assets | JP¥18.48b |
Recent financial health updates
These 4 Measures Indicate That Mullion (TYO:3494) Is Using Debt Extensively
Apr 20Is Mullion (TYO:3494) Using Too Much Debt?
Dec 23Recent updates
More Unpleasant Surprises Could Be In Store For Mullion Co., Ltd.'s (TSE:3494) Shares After Tumbling 28%
Mar 14These 4 Measures Indicate That Mullion (TYO:3494) Is Using Debt Extensively
Apr 20Should You Be Adding Mullion (TYO:3494) To Your Watchlist Today?
Feb 26Is Mullion (TYO:3494) Using Too Much Debt?
Dec 23Is There More To The Story Than Mullion's (TYO:3494) Earnings Growth?
Nov 18Financial Position Analysis
Short Term Liabilities: 3494's short term assets (¥2.3B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 3494's short term assets (¥2.3B) do not cover its long term liabilities (¥13.1B).
Debt to Equity History and Analysis
Debt Level: 3494's net debt to equity ratio (180.2%) is considered high.
Reducing Debt: 3494's debt to equity ratio has increased from 202.3% to 219.8% over the past 5 years.
Debt Coverage: 3494's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 3494's interest payments on its debt are not well covered by EBIT (2.9x coverage).