MarketEnterpriseLtd Balance Sheet Health
Financial Health criteria checks 4/6
MarketEnterpriseLtd has a total shareholder equity of ¥1.1B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 210.2%. Its total assets and total liabilities are ¥5.1B and ¥3.9B respectively. MarketEnterpriseLtd's EBIT is ¥161.0M making its interest coverage ratio 8.5. It has cash and short-term investments of ¥1.6B.
Key information
210.2%
Debt to equity ratio
JP¥2.36b
Debt
| Interest coverage ratio | 8.5x |
| Cash | JP¥1.62b |
| Equity | JP¥1.12b |
| Total liabilities | JP¥3.93b |
| Total assets | JP¥5.06b |
Financial Position Analysis
Short Term Liabilities: 3135's short term assets (¥4.0B) exceed its short term liabilities (¥3.9B).
Long Term Liabilities: 3135's short term assets (¥4.0B) exceed its long term liabilities (¥66.0M).
Debt to Equity History and Analysis
Debt Level: 3135's net debt to equity ratio (65.8%) is considered high.
Reducing Debt: 3135's debt to equity ratio has increased from 53.1% to 210.2% 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 3 years based on its current free cash flow.
Forecast Cash Runway: 3135 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 28.2% each year