Miyaji Engineering GroupInc Balance Sheet Health
Financial Health criteria checks 5/6
Miyaji Engineering GroupInc has a total shareholder equity of ¥45.8B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are ¥74.5B and ¥28.7B respectively. Miyaji Engineering GroupInc's EBIT is ¥9.4B making its interest coverage ratio -45.1. It has cash and short-term investments of ¥9.3B.
Key information
6.5%
Debt to equity ratio
JP¥3.00b
Debt
| Interest coverage ratio | -45.1x |
| Cash | JP¥9.26b |
| Equity | JP¥45.81b |
| Total liabilities | JP¥28.69b |
| Total assets | JP¥74.50b |
Recent financial health updates
No updates
Recent updates
Additional Considerations Required While Assessing Miyaji Engineering GroupInc's (TSE:3431) Strong Earnings
Nov 18
Miyaji Engineering Group,Inc.'s (TSE:3431) Popularity With Investors Under Threat As Stock Sinks 26%
Aug 06Should You Be Adding Miyaji Engineering GroupInc (TSE:3431) To Your Watchlist Today?
Aug 05Investors Appear Satisfied With Miyaji Engineering Group,Inc.'s (TSE:3431) Prospects As Shares Rocket 26%
Mar 09Miyaji Engineering GroupInc (TSE:3431) Will Pay A Dividend Of ¥95.00
Mar 02Financial Position Analysis
Short Term Liabilities: 3431's short term assets (¥51.6B) exceed its short term liabilities (¥24.1B).
Long Term Liabilities: 3431's short term assets (¥51.6B) exceed its long term liabilities (¥4.5B).
Debt to Equity History and Analysis
Debt Level: 3431 has more cash than its total debt.
Reducing Debt: 3431's debt to equity ratio has reduced from 17.2% to 6.5% over the past 5 years.
Debt Coverage: 3431's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3431 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 19:40 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 here.
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 .
Analyst Sources
Miyaji Engineering Group,Inc. is covered by 1 analysts. 0 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 |
|---|---|
| Ashwini Kadam | Virtua Research Inc. |