Menicon Balance Sheet Health

Financial Health criteria checks 4/6

Menicon has a total shareholder equity of ¥84.2B and total debt of ¥65.5B, which brings its debt-to-equity ratio to 77.8%. Its total assets and total liabilities are ¥183.3B and ¥99.1B respectively. Menicon's EBIT is ¥8.5B making its interest coverage ratio 17.6. It has cash and short-term investments of ¥44.7B.

Key information

77.8%

Debt to equity ratio

JP¥65.53b

Debt

Interest coverage ratio17.6x
CashJP¥44.74b
EquityJP¥84.24b
Total liabilitiesJP¥99.06b
Total assetsJP¥183.30b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 5FR's short term assets (¥85.1B) exceed its short term liabilities (¥48.5B).

Long Term Liabilities: 5FR's short term assets (¥85.1B) exceed its long term liabilities (¥50.6B).


Debt to Equity History and Analysis

Debt Level: 5FR's net debt to equity ratio (24.7%) is considered satisfactory.

Reducing Debt: 5FR's debt to equity ratio has increased from 51% to 77.8% over the past 5 years.

Debt Coverage: 5FR's debt is not well covered by operating cash flow (18.1%).

Interest Coverage: 5FR's interest payments on its debt are well covered by EBIT (17.6x coverage).


Balance Sheet


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