Mazda Motor Balance Sheet Health
Financial Health criteria checks 6/6
Mazda Motor has a total shareholder equity of ¥1,733.3B and total debt of ¥668.5B, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are ¥3,857.4B and ¥2,124.1B respectively. Mazda Motor's EBIT is ¥223.9B making its interest coverage ratio -10.1. It has cash and short-term investments of ¥1,006.9B.
Key information
38.6%
Debt to equity ratio
JP¥668.54b
Debt
| Interest coverage ratio | -10.1x |
| Cash | JP¥1.01t |
| Equity | JP¥1.73t |
| Total liabilities | JP¥2.12t |
| Total assets | JP¥3.86t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MZDA.F's short term assets (¥2,100.7B) exceed its short term liabilities (¥1,388.7B).
Long Term Liabilities: MZDA.F's short term assets (¥2,100.7B) exceed its long term liabilities (¥735.4B).
Debt to Equity History and Analysis
Debt Level: MZDA.F has more cash than its total debt.
Reducing Debt: MZDA.F's debt to equity ratio has reduced from 49.2% to 38.6% over the past 5 years.
Debt Coverage: MZDA.F's debt is well covered by operating cash flow (45.5%).
Interest Coverage: MZDA.F earns more interest than it pays, so coverage of interest payments is not a concern.