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
Here's Why Mercari (TSE:4385) Has A Meaningful Debt Burden
Jan 07
Is Mercari (TSE:4385) A Risky Investment?
Apr 16Recent updates
Here's Why Mercari (TSE:4385) Has A Meaningful Debt Burden
Jan 07An Intrinsic Calculation For Mercari, Inc. (TSE:4385) Suggests It's 39% Undervalued
Dec 24Why We're Not Concerned Yet About Mercari, Inc.'s (TSE:4385) 27% Share Price Plunge
Nov 08Mercari (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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 03:58 |
| End of Day Share Price | 2025/01/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mercari, Inc. is covered by 24 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yoshitaka Nagao | BofA Global Research |
| Junko Yamamura | Citigroup Inc |
| Kota Ezawa | Citigroup Inc |