Mercari Balance Sheet Health
Financial Health criteria checks 4/6
Mercari has a total shareholder equity of ¥67.2B and total debt of ¥179.3B, which brings its debt-to-equity ratio to 266.7%. Its total assets and total liabilities are ¥484.9B and ¥417.6B respectively. Mercari's EBIT is ¥18.3B making its interest coverage ratio -45.7. It has cash and short-term investments of ¥190.1B.
Key information
266.7%
Debt to equity ratio
JP¥179.26b
Debt
Interest coverage ratio | -45.7x |
Cash | JP¥190.13b |
Equity | JP¥67.21b |
Total liabilities | JP¥417.65b |
Total assets | JP¥484.86b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4385's short term assets (¥385.8B) exceed its short term liabilities (¥279.8B).
Long Term Liabilities: 4385's short term assets (¥385.8B) exceed its long term liabilities (¥137.9B).
Debt to Equity History and Analysis
Debt Level: 4385 has more cash than its total debt.
Reducing Debt: 4385's debt to equity ratio has increased from 37.2% to 266.7% 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.