Mikuni Balance Sheet Health
Financial Health criteria checks 3/6
Mikuni has a total shareholder equity of ¥37.3B and total debt of ¥46.5B, which brings its debt-to-equity ratio to 124.8%. Its total assets and total liabilities are ¥117.3B and ¥80.1B respectively. Mikuni's EBIT is ¥3.4B making its interest coverage ratio 5.9. It has cash and short-term investments of ¥7.2B.
Key information
124.8%
Debt to equity ratio
JP¥46.50b
Debt
Interest coverage ratio | 5.9x |
Cash | JP¥7.18b |
Equity | JP¥37.25b |
Total liabilities | JP¥80.06b |
Total assets | JP¥117.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7247's short term assets (¥65.5B) exceed its short term liabilities (¥50.8B).
Long Term Liabilities: 7247's short term assets (¥65.5B) exceed its long term liabilities (¥29.2B).
Debt to Equity History and Analysis
Debt Level: 7247's net debt to equity ratio (105.6%) is considered high.
Reducing Debt: 7247's debt to equity ratio has increased from 99.3% to 124.8% over the past 5 years.
Debt Coverage: 7247's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: 7247's interest payments on its debt are well covered by EBIT (5.9x coverage).