Mie Kotsu Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Mie Kotsu Group Holdings has a total shareholder equity of ¥61.8B and total debt of ¥82.3B, which brings its debt-to-equity ratio to 133.1%. Its total assets and total liabilities are ¥178.4B and ¥116.5B respectively. Mie Kotsu Group Holdings's EBIT is ¥9.0B making its interest coverage ratio 91.2. It has cash and short-term investments of ¥9.6B.
Key information
133.1%
Debt to equity ratio
JP¥82.33b
Debt
| Interest coverage ratio | 91.2x |
| Cash | JP¥9.62b |
| Equity | JP¥61.84b |
| Total liabilities | JP¥116.54b |
| Total assets | JP¥178.39b |
Recent financial health updates
No updates
Recent updates
Mie Kotsu Group Holdings' (TSE:3232) Upcoming Dividend Will Be Larger Than Last Year's
Nov 22
Mie Kotsu Group Holdings, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Nov 10Here's What To Make Of Mie Kotsu Group Holdings' (TSE:3232) Decelerating Rates Of Return
Aug 06Mie Kotsu Group Holdings, Inc. Just Missed EPS By 6.8%: Here's What Analysts Think Will Happen Next
May 11Mie Kotsu Group Holdings (TSE:3232) Is Due To Pay A Dividend Of ¥6.00
Mar 03Financial Position Analysis
Short Term Liabilities: 3232's short term assets (¥47.8B) exceed its short term liabilities (¥47.3B).
Long Term Liabilities: 3232's short term assets (¥47.8B) do not cover its long term liabilities (¥69.3B).
Debt to Equity History and Analysis
Debt Level: 3232's net debt to equity ratio (117.6%) is considered high.
Reducing Debt: 3232's debt to equity ratio has reduced from 161.9% to 133.1% over the past 5 years.
Debt Coverage: 3232's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 3232's interest payments on its debt are well covered by EBIT (91.2x coverage).