Maruha Nichiro Balance Sheet Health
Financial Health criteria checks 4/6
Maruha Nichiro has a total shareholder equity of ¥187.9B and total debt of ¥250.6B, which brings its debt-to-equity ratio to 133.4%. Its total assets and total liabilities are ¥548.6B and ¥360.7B respectively. Maruha Nichiro's EBIT is ¥23.8B making its interest coverage ratio 46.5. It has cash and short-term investments of ¥25.0B.
Key information
133.4%
Debt to equity ratio
JP¥250.60b
Debt
| Interest coverage ratio | 46.5x |
| Cash | JP¥24.95b |
| Equity | JP¥187.90b |
| Total liabilities | JP¥360.71b |
| Total assets | JP¥548.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRUH.F's short term assets (¥324.3B) exceed its short term liabilities (¥221.5B).
Long Term Liabilities: MRUH.F's short term assets (¥324.3B) exceed its long term liabilities (¥139.2B).
Debt to Equity History and Analysis
Debt Level: MRUH.F's net debt to equity ratio (120.1%) is considered high.
Reducing Debt: MRUH.F's debt to equity ratio has reduced from 221.7% to 133.4% over the past 5 years.
Debt Coverage: MRUH.F's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: MRUH.F's interest payments on its debt are well covered by EBIT (46.5x coverage).