MegaChips Balance Sheet Health
Financial Health criteria checks 6/6
MegaChips has a total shareholder equity of ¥76.2B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥84.1B and ¥7.9B respectively. MegaChips's EBIT is ¥4.9B making its interest coverage ratio -12.2. It has cash and short-term investments of ¥14.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -12.2x |
Cash | JP¥14.61b |
Equity | JP¥76.16b |
Total liabilities | JP¥7.93b |
Total assets | JP¥84.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6875's short term assets (¥39.4B) exceed its short term liabilities (¥7.1B).
Long Term Liabilities: 6875's short term assets (¥39.4B) exceed its long term liabilities (¥818.0M).
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 181.2%.
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.