Murata Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
Murata Manufacturing has a total shareholder equity of ¥2,547.6B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ¥2,970.1B and ¥422.5B respectively. Murata Manufacturing's EBIT is ¥284.2B making its interest coverage ratio -38.2. It has cash and short-term investments of ¥571.7B.
Key information
0.1%
Debt to equity ratio
JP¥3.23b
Debt
| Interest coverage ratio | -38.2x |
| Cash | JP¥571.70b |
| Equity | JP¥2.55t |
| Total liabilities | JP¥422.49b |
| Total assets | JP¥2.97t |
Recent financial health updates
Recent updates
Murata Manufacturing Co., Ltd.'s (TSE:6981) Earnings Haven't Escaped The Attention Of Investors
Oct 24
Is Murata Manufacturing (TSE:6981) A Risky Investment?
Aug 30Is It Too Late To Consider Buying Murata Manufacturing Co., Ltd. (TSE:6981)?
Aug 16Results: Murata Manufacturing Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 02Returns On Capital Signal Tricky Times Ahead For Murata Manufacturing (TSE:6981)
Jul 18We Think You Can Look Beyond Murata Manufacturing's (TSE:6981) Lackluster Earnings
Jul 04Why We're Not Concerned About Murata Manufacturing Co., Ltd.'s (TSE:6981) Share Price
Jun 30Financial Position Analysis
Short Term Liabilities: 6981's short term assets (¥1,445.1B) exceed its short term liabilities (¥259.2B).
Long Term Liabilities: 6981's short term assets (¥1,445.1B) exceed its long term liabilities (¥163.3B).
Debt to Equity History and Analysis
Debt Level: 6981 has more cash than its total debt.
Reducing Debt: 6981's debt to equity ratio has reduced from 12.7% to 0.1% over the past 5 years.
Debt Coverage: 6981's debt is well covered by operating cash flow (15908.2%).
Interest Coverage: 6981 earns more interest than it pays, so coverage of interest payments is not a concern.