Mercari Balance Sheet Health
Financial Health criteria checks 4/6
Mercari has a total shareholder equity of ¥74.6B and total debt of ¥170.9B, which brings its debt-to-equity ratio to 229.1%. Its total assets and total liabilities are ¥484.7B and ¥410.1B respectively. Mercari's EBIT is ¥17.4B making its interest coverage ratio -11.3. It has cash and short-term investments of ¥162.1B.
Key information
229.1%
Debt to equity ratio
JP¥170.89b
Debt
| Interest coverage ratio | -11.3x |
| Cash | JP¥162.14b |
| Equity | JP¥74.58b |
| Total liabilities | JP¥410.09b |
| Total assets | JP¥484.67b |
Recent financial health updates
Recent updates
Why We're Not Concerned Yet About Mercari, Inc.'s (TSE:4385) 27% Share Price Plunge
Nov 08
Mercari (TSE:4385) Shareholders Will Want The ROCE Trajectory To Continue
Oct 24Mercari (TSE:4385) Strong Profits May Be Masking Some Underlying Issues
Aug 20Mercari, Inc. Just Recorded A 16% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 16Is There Now An Opportunity In Mercari, Inc. (TSE:4385)?
Aug 06Mercari, Inc.'s (TSE:4385) P/E Is On The Mark
Jul 23Is Mercari (TSE:4385) A Risky Investment?
Apr 16Mercari's (TSE:4385) Returns On Capital Are Heading Higher
Feb 26Financial Position Analysis
Short Term Liabilities: 4385's short term assets (¥385.7B) exceed its short term liabilities (¥297.4B).
Long Term Liabilities: 4385's short term assets (¥385.7B) exceed its long term liabilities (¥112.7B).
Debt to Equity History and Analysis
Debt Level: 4385's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: 4385's debt to equity ratio has increased from 113% to 229.1% over the past 5 years.
Debt Coverage: 4385's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4385 earns more interest than it pays, so coverage of interest payments is not a concern.