Mercari Balance Sheet Health
Financial Health criteria checks 4/6
Mercari has a total shareholder equity of ¥72.1B and total debt of ¥189.9B, which brings its debt-to-equity ratio to 263.3%. Its total assets and total liabilities are ¥501.8B and ¥429.6B respectively. Mercari's EBIT is ¥17.5B making its interest coverage ratio -43.4. It has cash and short-term investments of ¥192.0B.
Key information
263.3%
Debt to equity ratio
JP¥189.93b
Debt
| Interest coverage ratio | -43.4x |
| Cash | JP¥192.00b |
| Equity | JP¥72.14b |
| Total liabilities | JP¥429.63b |
| Total assets | JP¥501.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRCI.F's short term assets (¥402.0B) exceed its short term liabilities (¥302.5B).
Long Term Liabilities: MRCI.F's short term assets (¥402.0B) exceed its long term liabilities (¥127.1B).
Debt to Equity History and Analysis
Debt Level: MRCI.F has more cash than its total debt.
Reducing Debt: MRCI.F's debt to equity ratio has increased from 103.5% to 263.3% over the past 5 years.
Debt Coverage: MRCI.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MRCI.F earns more interest than it pays, so coverage of interest payments is not a concern.