MEISEI INDUSTRIAL Co.,Ltd.

TSE:1976 Stock Report

Market Cap: JP¥65.2b

MEISEI INDUSTRIALLtd Balance Sheet Health

Financial Health criteria checks 6/6

MEISEI INDUSTRIALLtd has a total shareholder equity of ¥66.3B and total debt of ¥800.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ¥84.9B and ¥18.6B respectively. MEISEI INDUSTRIALLtd's EBIT is ¥9.3B making its interest coverage ratio -22.2. It has cash and short-term investments of ¥30.3B.

Key information

1.2%

Debt to equity ratio

JP¥800.00m

Debt

Interest coverage ratio-22.2x
CashJP¥30.29b
EquityJP¥66.26b
Total liabilitiesJP¥18.63b
Total assetsJP¥84.89b

Recent financial health updates

No updates

Recent updates

MEISEI INDUSTRIALLtd (TSE:1976) Is Due To Pay A Dividend Of ¥15.00

Sep 25
MEISEI INDUSTRIALLtd (TSE:1976) Is Due To Pay A Dividend Of ¥15.00

MEISEI INDUSTRIAL Co.,Ltd. (TSE:1976) Looks Inexpensive But Perhaps Not Attractive Enough

Apr 26
MEISEI INDUSTRIAL Co.,Ltd. (TSE:1976) Looks Inexpensive But Perhaps Not Attractive Enough

MEISEI INDUSTRIALLtd (TSE:1976) Has Announced A Dividend Of ¥22.00

Mar 11
MEISEI INDUSTRIALLtd (TSE:1976) Has Announced A Dividend Of ¥22.00

MEISEI INDUSTRIALLtd (TSE:1976) Has Announced A Dividend Of ¥22.00

Feb 26
MEISEI INDUSTRIALLtd (TSE:1976) Has Announced A Dividend Of ¥22.00

Financial Position Analysis

Short Term Liabilities: 1976's short term assets (¥57.2B) exceed its short term liabilities (¥14.2B).

Long Term Liabilities: 1976's short term assets (¥57.2B) exceed its long term liabilities (¥4.5B).


Debt to Equity History and Analysis

Debt Level: 1976 has more cash than its total debt.

Reducing Debt: 1976's debt to equity ratio has reduced from 2% to 1.2% over the past 5 years.

Debt Coverage: 1976's debt is well covered by operating cash flow (215.4%).

Interest Coverage: 1976 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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