Murata Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
Murata Manufacturing has a total shareholder equity of ¥2,585.2B and total debt of ¥53.0B, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ¥3,036.7B and ¥451.6B respectively. Murata Manufacturing's EBIT is ¥281.3B making its interest coverage ratio -9.9. It has cash and short-term investments of ¥537.6B.
Key information
2.0%
Debt to equity ratio
JP¥52.98b
Debt
| Interest coverage ratio | -9.9x |
| Cash | JP¥537.64b |
| Equity | JP¥2.59t |
| Total liabilities | JP¥451.58b |
| Total assets | JP¥3.04t |
Recent financial health updates
Recent updates
Is Murata Manufacturing (TSE:6981) A Risky Investment?
Aug 30
Is 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 (¥1,465.3B) exceed its short term liabilities (¥283.9B).
Long Term Liabilities: 6981's short term assets (¥1,465.3B) exceed its long term liabilities (¥167.7B).
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 11.2% to 2% over the past 5 years.
Debt Coverage: 6981's debt is well covered by operating cash flow (922.6%).
Interest Coverage: 6981 earns more interest than it pays, so coverage of interest payments is not a concern.