Mazda Motor Balance Sheet Health
Financial Health criteria checks 6/6
Mazda Motor has a total shareholder equity of ¥1,640.9B and total debt of ¥516.7B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are ¥3,515.0B and ¥1,874.1B respectively. Mazda Motor's EBIT is ¥232.7B making its interest coverage ratio -19. It has cash and short-term investments of ¥748.9B.
Key information
31.5%
Debt to equity ratio
JP¥516.65b
Debt
Interest coverage ratio | -19x |
Cash | JP¥748.88b |
Equity | JP¥1.64t |
Total liabilities | JP¥1.87t |
Total assets | JP¥3.52t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MZDA.Y's short term assets (¥1,841.4B) exceed its short term liabilities (¥1,303.6B).
Long Term Liabilities: MZDA.Y's short term assets (¥1,841.4B) exceed its long term liabilities (¥570.5B).
Debt to Equity History and Analysis
Debt Level: MZDA.Y has more cash than its total debt.
Reducing Debt: MZDA.Y's debt to equity ratio has reduced from 45.2% to 31.5% over the past 5 years.
Debt Coverage: MZDA.Y's debt is well covered by operating cash flow (57.6%).
Interest Coverage: MZDA.Y earns more interest than it pays, so coverage of interest payments is not a concern.