MarketEnterpriseLtd Balance Sheet Health
Financial Health criteria checks 4/6
MarketEnterpriseLtd has a total shareholder equity of ¥1.3B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 173.4%. Its total assets and total liabilities are ¥5.1B and ¥3.9B respectively. MarketEnterpriseLtd's EBIT is ¥523.0M making its interest coverage ratio 22.2. It has cash and short-term investments of ¥1.2B.
Key information
173.4%
Debt to equity ratio
JP¥2.22b
Debt
| Interest coverage ratio | 22.2x |
| Cash | JP¥1.20b |
| Equity | JP¥1.28b |
| Total liabilities | JP¥3.87b |
| Total assets | JP¥5.15b |
Recent financial health updates
Is MarketEnterpriseLtd (TSE:3135) Using Too Much Debt?
Aug 03
Does MarketEnterpriseLtd (TSE:3135) Have A Healthy Balance Sheet?
Apr 19Recent updates
MarketEnterprise Co.,Ltd (TSE:3135) Might Not Be As Mispriced As It Looks After Plunging 27%
Aug 05Is MarketEnterpriseLtd (TSE:3135) Using Too Much Debt?
Aug 03A Piece Of The Puzzle Missing From MarketEnterprise Co.,Ltd's (TSE:3135) 30% Share Price Climb
May 21Does MarketEnterpriseLtd (TSE:3135) Have A Healthy Balance Sheet?
Apr 19Financial Position Analysis
Short Term Liabilities: 3135's short term assets (¥4.1B) exceed its short term liabilities (¥3.8B).
Long Term Liabilities: 3135's short term assets (¥4.1B) exceed its long term liabilities (¥70.9M).
Debt to Equity History and Analysis
Debt Level: 3135's net debt to equity ratio (79.5%) is considered high.
Reducing Debt: 3135's debt to equity ratio has increased from 64.8% to 173.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 3135 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 3135 has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 34.5% each year.