Maxell Balance Sheet Health
Financial Health criteria checks 6/6
Maxell has a total shareholder equity of ¥97.3B and total debt of ¥18.2B, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are ¥171.1B and ¥73.8B respectively. Maxell's EBIT is ¥8.0B making its interest coverage ratio -12.3. It has cash and short-term investments of ¥38.7B.
Key information
18.7%
Debt to equity ratio
JP¥18.19b
Debt
| Interest coverage ratio | -12.3x |
| Cash | JP¥38.67b |
| Equity | JP¥97.31b |
| Total liabilities | JP¥73.79b |
| Total assets | JP¥171.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MXLL.F's short term assets (¥92.2B) exceed its short term liabilities (¥59.3B).
Long Term Liabilities: MXLL.F's short term assets (¥92.2B) exceed its long term liabilities (¥14.5B).
Debt to Equity History and Analysis
Debt Level: MXLL.F has more cash than its total debt.
Reducing Debt: MXLL.F's debt to equity ratio has reduced from 20.2% to 18.7% over the past 5 years.
Debt Coverage: MXLL.F's debt is well covered by operating cash flow (78.3%).
Interest Coverage: MXLL.F earns more interest than it pays, so coverage of interest payments is not a concern.