MIRAIT ONE Corporation

TSE:1417 Stock Report

Market Cap: JP¥202.4b

MIRAIT ONE Balance Sheet Health

Financial Health criteria checks 5/6

MIRAIT ONE has a total shareholder equity of ¥261.1B and total debt of ¥85.0B, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are ¥481.3B and ¥220.2B respectively. MIRAIT ONE's EBIT is ¥20.1B making its interest coverage ratio -87.6. It has cash and short-term investments of ¥51.9B.

Key information

32.6%

Debt to equity ratio

JP¥85.03b

Debt

Interest coverage ratio-87.6x
CashJP¥51.88b
EquityJP¥261.06b
Total liabilitiesJP¥220.25b
Total assetsJP¥481.30b

Recent financial health updates

Recent updates

MIRAIT ONE (TSE:1417) Will Pay A Larger Dividend Than Last Year At ¥40.00

Dec 01
MIRAIT ONE (TSE:1417) Will Pay A Larger Dividend Than Last Year At ¥40.00

MIRAIT ONE's (TSE:1417) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Nov 21
MIRAIT ONE's (TSE:1417) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Investors Aren't Entirely Convinced By MIRAIT ONE Corporation's (TSE:1417) Earnings

Nov 07
Investors Aren't Entirely Convinced By MIRAIT ONE Corporation's (TSE:1417) Earnings

MIRAIT ONE (TSE:1417) Will Pay A Dividend Of ¥35.00

Sep 25
MIRAIT ONE (TSE:1417) Will Pay A Dividend Of ¥35.00

MIRAIT ONE (TSE:1417) Is Due To Pay A Dividend Of ¥35.00

Aug 14
MIRAIT ONE (TSE:1417) Is Due To Pay A Dividend Of ¥35.00

MIRAIT ONE (TSE:1417) Is Due To Pay A Dividend Of ¥35.00

Jul 26
MIRAIT ONE (TSE:1417) Is Due To Pay A Dividend Of ¥35.00

MIRAIT ONE (TSE:1417) Has Announced A Dividend Of ¥35.00

Jul 12
MIRAIT ONE (TSE:1417) Has Announced A Dividend Of ¥35.00

Why MIRAIT ONE's (TSE:1417) Shaky Earnings Are Just The Beginning Of Its Problems

May 22
Why MIRAIT ONE's (TSE:1417) Shaky Earnings Are Just The Beginning Of Its Problems

Is MIRAIT ONE (TSE:1417) A Risky Investment?

Apr 19
Is MIRAIT ONE (TSE:1417) A Risky Investment?

MIRAIT ONE (TSE:1417) Will Pay A Larger Dividend Than Last Year At ¥35.00

Feb 26
MIRAIT ONE (TSE:1417) Will Pay A Larger Dividend Than Last Year At ¥35.00

Financial Position Analysis

Short Term Liabilities: 1417's short term assets (¥262.6B) exceed its short term liabilities (¥123.0B).

Long Term Liabilities: 1417's short term assets (¥262.6B) exceed its long term liabilities (¥97.2B).


Debt to Equity History and Analysis

Debt Level: 1417's net debt to equity ratio (12.7%) is considered satisfactory.

Reducing Debt: 1417's debt to equity ratio has increased from 8.4% to 32.6% over the past 5 years.

Debt Coverage: 1417's debt is well covered by operating cash flow (31.8%).

Interest Coverage: 1417 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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