Meiwa Industry Balance Sheet Health
Financial Health criteria checks 3/6
Meiwa Industry has a total shareholder equity of ¥11.2B and total debt of ¥6.2B, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are ¥24.8B and ¥13.6B respectively.
Key information
54.9%
Debt to equity ratio
JP¥6.18b
Debt
Interest coverage ratio | n/a |
Cash | JP¥3.92b |
Equity | JP¥11.24b |
Total liabilities | JP¥13.59b |
Total assets | JP¥24.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7284's short term assets (¥14.1B) exceed its short term liabilities (¥10.9B).
Long Term Liabilities: 7284's short term assets (¥14.1B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 7284's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: 7284's debt to equity ratio has increased from 40% to 54.9% over the past 5 years.
Debt Coverage: 7284's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: Insufficient data to determine if 7284's interest payments on its debt are well covered by EBIT.