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 |
| Cash | JP¥51.88b |
| Equity | JP¥261.06b |
| Total liabilities | JP¥220.25b |
| Total assets | JP¥481.30b |
Recent financial health updates
Recent updates
MIRAIT ONE (TSE:1417) Has Announced That It Will Be Increasing Its Dividend To ¥40.00
Dec 15
MIRAIT ONE (TSE:1417) Will Pay A Larger Dividend Than Last Year At ¥40.00
Dec 01MIRAIT ONE's (TSE:1417) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 21Investors Aren't Entirely Convinced By MIRAIT ONE Corporation's (TSE:1417) Earnings
Nov 07MIRAIT ONE (TSE:1417) Will Pay A Dividend Of ¥35.00
Sep 25MIRAIT ONE (TSE:1417) Is Due To Pay A Dividend Of ¥35.00
Aug 14MIRAIT ONE (TSE:1417) Is Due To Pay A Dividend Of ¥35.00
Jul 26MIRAIT ONE (TSE:1417) Has Announced A Dividend Of ¥35.00
Jul 12Why MIRAIT ONE's (TSE:1417) Shaky Earnings Are Just The Beginning Of Its Problems
May 22Is MIRAIT ONE (TSE:1417) A Risky Investment?
Apr 19MIRAIT ONE (TSE:1417) Will Pay A Larger Dividend Than Last Year At ¥35.00
Feb 26Financial 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.