Mr Max Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Mr Max Holdings has a total shareholder equity of ¥35.0B and total debt of ¥20.8B, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are ¥86.7B and ¥51.7B respectively. Mr Max Holdings's EBIT is ¥3.4B making its interest coverage ratio 32.4. It has cash and short-term investments of ¥5.0B.
Key information
59.5%
Debt to equity ratio
JP¥20.85b
Debt
| Interest coverage ratio | 32.4x |
| Cash | JP¥4.98b |
| Equity | JP¥35.01b |
| Total liabilities | JP¥51.72b |
| Total assets | JP¥86.73b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8203's short term assets (¥23.1B) do not cover its short term liabilities (¥29.4B).
Long Term Liabilities: 8203's short term assets (¥23.1B) exceed its long term liabilities (¥22.4B).
Debt to Equity History and Analysis
Debt Level: 8203's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: 8203's debt to equity ratio has reduced from 120.4% to 59.5% over the past 5 years.
Debt Coverage: 8203's debt is well covered by operating cash flow (26.4%).
Interest Coverage: 8203's interest payments on its debt are well covered by EBIT (32.4x coverage).