MIE Corporation Balance Sheet Health
Financial Health criteria checks 4/6
MIE has a total shareholder equity of ¥2.6B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 144.8%. Its total assets and total liabilities are ¥8.1B and ¥5.5B respectively. MIE's EBIT is ¥542.0M making its interest coverage ratio 20.8. It has cash and short-term investments of ¥942.0M.
Key information
144.8%
Debt to equity ratio
JP¥3.77b
Debt
| Interest coverage ratio | 20.8x |
| Cash | JP¥942.00m |
| Equity | JP¥2.60b |
| Total liabilities | JP¥5.52b |
| Total assets | JP¥8.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3442's short term assets (¥5.2B) exceed its short term liabilities (¥3.8B).
Long Term Liabilities: 3442's short term assets (¥5.2B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 3442's net debt to equity ratio (108.6%) is considered high.
Reducing Debt: 3442's debt to equity ratio has reduced from 264.3% to 144.8% over the past 5 years.
Debt Coverage: 3442's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: 3442's interest payments on its debt are well covered by EBIT (20.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 17:04 |
| End of Day Share Price | 2024/12/25 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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Industry and Sector Metrics
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Analyst Sources
MIE Corporation Co., Ltd is covered by 0 analysts. 0 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 |
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