MegaChips Balance Sheet Health
Financial Health criteria checks 6/6
MegaChips has a total shareholder equity of ¥116.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥147.8B and ¥30.9B respectively. MegaChips's EBIT is ¥4.8B making its interest coverage ratio -10.1. It has cash and short-term investments of ¥26.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -10.1x |
| Cash | JP¥26.07b |
| Equity | JP¥116.84b |
| Total liabilities | JP¥30.94b |
| Total assets | JP¥147.78b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6875's short term assets (¥47.1B) exceed its short term liabilities (¥8.9B).
Long Term Liabilities: 6875's short term assets (¥47.1B) exceed its long term liabilities (¥22.0B).
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 224.5%.
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.