Mie Kotsu Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Mie Kotsu Group Holdings has a total shareholder equity of ¥63.2B and total debt of ¥79.1B, which brings its debt-to-equity ratio to 125.2%. Its total assets and total liabilities are ¥181.6B and ¥118.4B respectively. Mie Kotsu Group Holdings's EBIT is ¥8.4B making its interest coverage ratio 69. It has cash and short-term investments of ¥5.4B.
Key information
125.20%
Debt to equity ratio
JP¥79.11b
Debt
| Interest coverage ratio | 69x |
| Cash | JP¥5.42b |
| Equity | JP¥63.18b |
| Total liabilities | JP¥118.43b |
| Total assets | JP¥181.61b |
Recent financial health updates
Recent updates
Does Mie Kotsu Group Holdings (TSE:3232) Have A Healthy Balance Sheet?
Apr 15
Mie Kotsu Group Holdings' (TSE:3232) Upcoming Dividend Will Be Larger Than Last Year's
Mar 03Mie Kotsu Group Holdings (TSE:3232) Is Increasing Its Dividend To ¥8.00
Feb 10Earnings Beat: Mie Kotsu Group Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 08Mie Kotsu Group Holdings' (TSE:3232) Dividend Will Be Increased To ¥8.00
Dec 10Mie Kotsu Group Holdings' (TSE:3232) Upcoming Dividend Will Be Larger Than Last Year's
Nov 22Mie 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 (¥45.4B) do not cover its short term liabilities (¥56.3B).
Long Term Liabilities: 3232's short term assets (¥45.4B) do not cover its long term liabilities (¥62.1B).
Debt to Equity History and Analysis
Debt Level: 3232's net debt to equity ratio (116.6%) is considered high.
Reducing Debt: 3232's debt to equity ratio has reduced from 160.1% to 125.2% over the past 5 years.
Debt Coverage: 3232's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: 3232's interest payments on its debt are well covered by EBIT (69x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/22 17:43 |
| End of Day Share Price | 2025/05/22 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mie Kotsu Group Holdings, Inc. is covered by 2 analysts. 1 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 |
|---|---|
| Daisuke Fukushima | Nomura Securities Co. Ltd. |
| Kenji Kanai | Tokai Tokyo Intelligence Laboratory Co., Ltd. |