MIRAIT ONE Balance Sheet Health
Financial Health criteria checks 5/6
MIRAIT ONE has a total shareholder equity of ¥261.1B and total debt of ¥85.0B, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are ¥481.3B and ¥220.2B respectively. MIRAIT ONE's EBIT is ¥20.1B making its interest coverage ratio -87.6. It has cash and short-term investments of ¥51.9B.
Key information
32.6%
Debt to equity ratio
JP¥85.03b
Debt
| Interest coverage ratio | -87.6x |
| Cash | JP¥51.88b |
| Equity | JP¥261.06b |
| Total liabilities | JP¥220.25b |
| Total assets | JP¥481.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5FO's short term assets (¥262.6B) exceed its short term liabilities (¥123.0B).
Long Term Liabilities: 5FO's short term assets (¥262.6B) exceed its long term liabilities (¥97.2B).
Debt to Equity History and Analysis
Debt Level: 5FO's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 5FO's debt to equity ratio has increased from 8.4% to 32.6% over the past 5 years.
Debt Coverage: 5FO's debt is well covered by operating cash flow (31.8%).
Interest Coverage: 5FO earns more interest than it pays, so coverage of interest payments is not a concern.