Mr Max Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Mr Max Holdings has a total shareholder equity of ¥34.1B and total debt of ¥21.5B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are ¥86.3B and ¥52.2B respectively. Mr Max Holdings's EBIT is ¥3.1B making its interest coverage ratio 30.8. It has cash and short-term investments of ¥1.8B.
Key information
63.0%
Debt to equity ratio
JP¥21.50b
Debt
Interest coverage ratio | 30.8x |
Cash | JP¥1.83b |
Equity | JP¥34.11b |
Total liabilities | JP¥52.21b |
Total assets | JP¥86.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8203's short term assets (¥22.2B) do not cover its short term liabilities (¥30.1B).
Long Term Liabilities: 8203's short term assets (¥22.2B) exceed its long term liabilities (¥22.1B).
Debt to Equity History and Analysis
Debt Level: 8203's net debt to equity ratio (57.7%) is considered high.
Reducing Debt: 8203's debt to equity ratio has reduced from 127.9% to 63% over the past 5 years.
Debt Coverage: 8203's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 8203's interest payments on its debt are well covered by EBIT (30.8x coverage).