MegaChips Balance Sheet Health
Financial Health criteria checks 6/6
MegaChips has a total shareholder equity of ¥127.9B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥166.7B and ¥38.8B respectively. MegaChips's EBIT is ¥3.5B making its interest coverage ratio -7.5. It has cash and short-term investments of ¥20.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -7.5x |
| Cash | JP¥20.10b |
| Equity | JP¥127.89b |
| Total liabilities | JP¥38.83b |
| Total assets | JP¥166.72b |
Recent financial health updates
No updates
Recent updates
MegaChips' (TSE:6875) Profits Appear To Have Quality Issues
Nov 15
There's Reason For Concern Over MegaChips Corporation's (TSE:6875) Massive 27% Price Jump
Sep 01What MegaChips Corporation's (TSE:6875) 25% Share Price Gain Is Not Telling You
May 23MegaChips Corporation (TSE:6875) Analysts Just Trimmed Their Revenue Forecasts By 13%
May 21Financial Position Analysis
Short Term Liabilities: 6875's short term assets (¥47.7B) exceed its short term liabilities (¥11.8B).
Long Term Liabilities: 6875's short term assets (¥47.7B) exceed its long term liabilities (¥27.1B).
Debt to Equity History and Analysis
Debt Level: 6875 is debt free.
Reducing Debt: 6875 has no debt compared to 5 years ago when its debt to equity ratio was 189.7%.
Debt Coverage: 6875 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6875 has no debt, therefore coverage of interest payments is not a concern.