Minami Acoustics Balance Sheet Health
Financial Health criteria checks 6/6
Minami Acoustics has a total shareholder equity of CN¥2.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.8B and CN¥741.1M respectively. Minami Acoustics's EBIT is CN¥135.9M making its interest coverage ratio -7.4. It has cash and short-term investments of CN¥736.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7.4x |
| Cash | CN¥736.05m |
| Equity | CN¥2.02b |
| Total liabilities | CN¥741.10m |
| Total assets | CN¥2.76b |
Recent financial health updates
No updates
Recent updates
What Minami Acoustics Limited's (SZSE:301383) 26% Share Price Gain Is Not Telling You
Dec 12
Minami Acoustics' (SZSE:301383) Returns On Capital Are Heading Higher
Dec 04Minami Acoustics' (SZSE:301383) Solid Earnings May Rest On Weak Foundations
Nov 04Does Minami Acoustics (SZSE:301383) Deserve A Spot On Your Watchlist?
Oct 23Returns On Capital Are Showing Encouraging Signs At Minami Acoustics (SZSE:301383)
Aug 14Minami Acoustics (SZSE:301383) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 29Financial Position Analysis
Short Term Liabilities: 301383's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥680.2M).
Long Term Liabilities: 301383's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥60.9M).
Debt to Equity History and Analysis
Debt Level: 301383 is debt free.
Reducing Debt: 301383 has no debt compared to 5 years ago when its debt to equity ratio was 52.7%.
Debt Coverage: 301383 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301383 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 15:41 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Minami Acoustics Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yi Liu | Citic Securities Co., Ltd. |