Mikuni Balance Sheet Health
Financial Health criteria checks 3/6
Mikuni has a total shareholder equity of ¥40.6B and total debt of ¥38.8B, which brings its debt-to-equity ratio to 95.7%. Its total assets and total liabilities are ¥111.5B and ¥70.9B respectively. Mikuni's EBIT is ¥3.7B making its interest coverage ratio 6.3. It has cash and short-term investments of ¥3.1B.
Key information
95.7%
Debt to equity ratio
JP¥38.84b
Debt
Interest coverage ratio | 6.3x |
Cash | JP¥3.11b |
Equity | JP¥40.60b |
Total liabilities | JP¥70.94b |
Total assets | JP¥111.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7247's short term assets (¥57.0B) exceed its short term liabilities (¥43.3B).
Long Term Liabilities: 7247's short term assets (¥57.0B) exceed its long term liabilities (¥27.7B).
Debt to Equity History and Analysis
Debt Level: 7247's net debt to equity ratio (88%) is considered high.
Reducing Debt: 7247's debt to equity ratio has increased from 91.1% to 95.7% over the past 5 years.
Debt Coverage: 7247's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: 7247's interest payments on its debt are well covered by EBIT (6.3x coverage).