MODEC Balance Sheet Health

Financial Health criteria checks 4/6

MODEC has a total shareholder equity of ¥182.8B and total debt of ¥87.4B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are ¥645.0B and ¥462.2B respectively. MODEC's EBIT is ¥24.8B making its interest coverage ratio -16.9. It has cash and short-term investments of ¥184.1B.

Key information

47.8%

Debt to equity ratio

JP¥87.37b

Debt

Interest coverage ratio-16.9x
CashJP¥184.09b
EquityJP¥182.82b
Total liabilitiesJP¥462.20b
Total assetsJP¥645.02b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MDIK.F's short term assets (¥321.1B) do not cover its short term liabilities (¥367.3B).

Long Term Liabilities: MDIK.F's short term assets (¥321.1B) exceed its long term liabilities (¥94.9B).


Debt to Equity History and Analysis

Debt Level: MDIK.F has more cash than its total debt.

Reducing Debt: MDIK.F's debt to equity ratio has increased from 19.2% to 47.8% over the past 5 years.

Debt Coverage: MDIK.F's debt is well covered by operating cash flow (154.8%).

Interest Coverage: MDIK.F earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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