Mizuno Balance Sheet Health
Financial Health criteria checks 6/6
Mizuno has a total shareholder equity of ¥152.3B and total debt of ¥13.3B, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are ¥210.8B and ¥58.5B respectively. Mizuno's EBIT is ¥19.1B making its interest coverage ratio -76.6. It has cash and short-term investments of ¥37.5B.
Key information
8.7%
Debt to equity ratio
JP¥13.31b
Debt
| Interest coverage ratio | -76.6x |
| Cash | JP¥37.55b |
| Equity | JP¥152.32b |
| Total liabilities | JP¥58.46b |
| Total assets | JP¥210.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIZ's short term assets (¥140.6B) exceed its short term liabilities (¥38.3B).
Long Term Liabilities: MIZ's short term assets (¥140.6B) exceed its long term liabilities (¥20.2B).
Debt to Equity History and Analysis
Debt Level: MIZ has more cash than its total debt.
Reducing Debt: MIZ's debt to equity ratio has reduced from 18.8% to 8.7% over the past 5 years.
Debt Coverage: MIZ's debt is well covered by operating cash flow (163.2%).
Interest Coverage: MIZ earns more interest than it pays, so coverage of interest payments is not a concern.