Makino Milling Machine Balance Sheet Health
Financial Health criteria checks 5/6
Makino Milling Machine has a total shareholder equity of ¥217.4B and total debt of ¥58.8B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are ¥359.3B and ¥141.9B respectively. Makino Milling Machine's EBIT is ¥16.2B making its interest coverage ratio -26.7. It has cash and short-term investments of ¥78.3B.
Key information
27.1%
Debt to equity ratio
JP¥58.82b
Debt
| Interest coverage ratio | -26.7x |
| Cash | JP¥78.29b |
| Equity | JP¥217.36b |
| Total liabilities | JP¥141.91b |
| Total assets | JP¥359.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 95B's short term assets (¥230.5B) exceed its short term liabilities (¥101.0B).
Long Term Liabilities: 95B's short term assets (¥230.5B) exceed its long term liabilities (¥40.9B).
Debt to Equity History and Analysis
Debt Level: 95B has more cash than its total debt.
Reducing Debt: 95B's debt to equity ratio has increased from 22.2% to 27.1% over the past 5 years.
Debt Coverage: 95B's debt is well covered by operating cash flow (31.4%).
Interest Coverage: 95B earns more interest than it pays, so coverage of interest payments is not a concern.