Menicon Balance Sheet Health
Financial Health criteria checks 4/6
Menicon has a total shareholder equity of ¥85.9B and total debt of ¥65.3B, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are ¥183.3B and ¥97.4B respectively. Menicon's EBIT is ¥9.2B making its interest coverage ratio 19.5. It has cash and short-term investments of ¥40.5B.
Key information
76.0%
Debt to equity ratio
JP¥65.33b
Debt
| Interest coverage ratio | 19.5x |
| Cash | JP¥40.47b |
| Equity | JP¥85.92b |
| Total liabilities | JP¥97.41b |
| Total assets | JP¥183.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5FR's short term assets (¥80.9B) exceed its short term liabilities (¥47.3B).
Long Term Liabilities: 5FR's short term assets (¥80.9B) exceed its long term liabilities (¥50.1B).
Debt to Equity History and Analysis
Debt Level: 5FR's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: 5FR's debt to equity ratio has increased from 34.6% to 76% over the past 5 years.
Debt Coverage: 5FR's debt is not well covered by operating cash flow (18%).
Interest Coverage: 5FR's interest payments on its debt are well covered by EBIT (19.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 06:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Menicon Co., Ltd. is covered by 9 analysts. 5 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 |
|---|---|
| Takashi Iwai | BofA Global Research |
| David Dong | CLSA |
| Steven Liu | CLSA |