Mr Max Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Mr Max Holdings has a total shareholder equity of ¥34.1B and total debt of ¥20.6B, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are ¥83.5B and ¥49.4B respectively. Mr Max Holdings's EBIT is ¥3.0B making its interest coverage ratio 29.6. It has cash and short-term investments of ¥2.4B.
Key information
60.4%
Debt to equity ratio
JP¥20.61b
Debt
Interest coverage ratio | 29.6x |
Cash | JP¥2.39b |
Equity | JP¥34.13b |
Total liabilities | JP¥49.39b |
Total assets | JP¥83.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8203's short term assets (¥19.2B) do not cover its short term liabilities (¥26.8B).
Long Term Liabilities: 8203's short term assets (¥19.2B) do not cover its long term liabilities (¥22.6B).
Debt to Equity History and Analysis
Debt Level: 8203's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: 8203's debt to equity ratio has reduced from 116.5% to 60.4% over the past 5 years.
Debt Coverage: 8203's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: 8203's interest payments on its debt are well covered by EBIT (29.6x coverage).