MK Seiko Balance Sheet Health

Financial Health criteria checks 6/6

MK Seiko has a total shareholder equity of ¥16.2B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are ¥28.6B and ¥12.3B respectively. MK Seiko's EBIT is ¥2.7B making its interest coverage ratio -17.3. It has cash and short-term investments of ¥4.9B.

Key information

23.6%

Debt to equity ratio

JP¥3.83b

Debt

Interest coverage ratio	-17.3x
Cash	JP¥4.89b
Equity	JP¥16.24b
Total liabilities	JP¥12.35b
Total assets	JP¥28.59b

Recent financial health updates

Is MK Seiko (TYO:5906) Using Too Much Debt?

Mar 31

MK Seiko (TYO:5906) Seems To Use Debt Quite Sensibly

Dec 14

Recent updates

The Case For MK Seiko Co., Ltd. (TYO:5906): Could It Be A Nice Addition To Your Dividend Portfolio?

Feb 24

Do MK Seiko's (TYO:5906) Earnings Warrant Your Attention?

Feb 06

Update: MK Seiko (TYO:5906) Stock Gained 46% In The Last Five Years

Jan 18

Is MK Seiko (TYO:5906) A Future Multi-bagger?

Jan 01

MK Seiko (TYO:5906) Seems To Use Debt Quite Sensibly

Dec 14

Should You Use MK Seiko's (TYO:5906) Statutory Earnings To Analyse It?

Nov 26

Financial Position Analysis

Short Term Liabilities: 5906's short term assets (¥19.4B) exceed its short term liabilities (¥10.3B).

Long Term Liabilities: 5906's short term assets (¥19.4B) exceed its long term liabilities (¥2.1B).

Debt to Equity History and Analysis

Debt Level: 5906 has more cash than its total debt.

Reducing Debt: 5906's debt to equity ratio has reduced from 67.5% to 23.6% over the past 5 years.

Debt Coverage: 5906's debt is well covered by operating cash flow (76.8%).

Interest Coverage: 5906 earns more interest than it pays, so coverage of interest payments is not a concern.

MK Seiko Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Is MK Seiko (TYO:5906) Using Too Much Debt?

MK Seiko (TYO:5906) Seems To Use Debt Quite Sensibly

Recent updates

There May Be Reason For Hope In MK Seiko's (TSE:5906) Disappointing Earnings

Second quarter 2025 earnings released: EPS: JP¥32.17 (vs JP¥33.76 in 2Q 2024)

MK Seiko Co., Ltd. to Report Q2, 2025 Results on Oct 25, 2024

New major risk - Financial data availability

First quarter 2025 earnings released: EPS: JP¥35.09 (vs JP¥10.94 in 1Q 2024)

MK Seiko Co., Ltd. to Report Q1, 2025 Results on Jul 26, 2024

Full year 2024 earnings released: EPS: JP¥48.64 (vs JP¥79.86 in FY 2023)

MK Seiko's (TSE:5906) Soft Earnings Don't Show The Whole Picture

Full year 2024 earnings released: EPS: JP¥48.63 (vs JP¥79.86 in FY 2023)

MK Seiko Co., Ltd., Annual General Meeting, Jun 18, 2024

MK Seiko Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024

Upcoming dividend of JP¥8.00 per share

Third quarter 2024 earnings released: EPS: JP¥58.26 (vs JP¥49.22 in 3Q 2023)

MK Seiko Co., Ltd. to Report Q3, 2024 Results on Jan 26, 2024

Second quarter 2024 earnings released: EPS: JP¥33.76 (vs JP¥27.84 in 2Q 2023)

MK Seiko Co., Ltd. to Report Q2, 2024 Results on Oct 27, 2023

First quarter 2024 earnings released: EPS: JP¥10.94 (vs JP¥5.14 in 1Q 2023)

MK Seiko Co., Ltd. to Report Q1, 2024 Results on Jul 28, 2023

Full year 2023 earnings released: EPS: JP¥79.86 (vs JP¥38.86 in FY 2022)

Full year 2023 earnings released: EPS: JP¥79.86 (vs JP¥38.86 in FY 2022)

Upcoming dividend of JP¥8.00 per share at 2.0% yield

Third quarter 2023 earnings released: EPS: JP¥49.22 (vs JP¥20.37 in 3Q 2022)

Investor sentiment improves as stock rises 17%

MK Seiko Co., Ltd. to Report Q3, 2023 Results on Jan 26, 2023

No independent directors

Second quarter 2023 earnings released: EPS: JP¥27.84 (vs JP¥16.47 in 2Q 2022)

MK Seiko Co., Ltd. to Report Q2, 2023 Results on Oct 27, 2022

First quarter 2023 earnings released: EPS: JP¥5.14 (vs JP¥13.96 in 1Q 2022)

MK Seiko Co., Ltd. to Report Q1, 2023 Results on Jul 28, 2022

Full year 2022 earnings released: EPS: JP¥38.86 (vs JP¥35.84 in FY 2021)

MK Seiko Co., Ltd., Annual General Meeting, Jun 14, 2022

Full year 2022 earnings released: EPS: JP¥38.86 (vs JP¥35.84 in FY 2021)

No independent directors

MK Seiko Co., Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022

Upcoming dividend of JP¥8.00 per share

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: EPS JP¥16.47 (vs JP¥23.73 in 2Q 2021)

First quarter 2022 earnings released: EPS JP¥13.96 (vs JP¥10.46 in 1Q 2021)

Full year 2021 earnings released: EPS JP¥35.84 (vs JP¥30.08 in FY 2020)

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS JP¥35.83 (vs JP¥30.08 in FY 2020)

Is MK Seiko (TYO:5906) Using Too Much Debt?

Is It Smart To Buy MK Seiko Co., Ltd. (TYO:5906) Before It Goes Ex-Dividend?

Upcoming Dividend of JP¥8.00 Per Share

The Case For MK Seiko Co., Ltd. (TYO:5906): Could It Be A Nice Addition To Your Dividend Portfolio?

New 90-day high: JP¥520

Do MK Seiko's (TYO:5906) Earnings Warrant Your Attention?

Third quarter 2021 earnings released

Third quarter 2021 earnings released: EPS JP¥43.12 (vs JP¥33.23 in 3Q 2020)

Update: MK Seiko (TYO:5906) Stock Gained 46% In The Last Five Years

New 90-day high: JP¥472

Is MK Seiko (TYO:5906) A Future Multi-bagger?

MK Seiko Co., Ltd. to Report Q3, 2021 Results on Jan 27, 2021

MK Seiko (TYO:5906) Seems To Use Debt Quite Sensibly

New 90-day high: JP¥400

Should You Use MK Seiko's (TYO:5906) Statutory Earnings To Analyse It?

Second quarter 2021 earnings released: EPS JP¥23.73

First half earnings released

New 90-day high: JP¥387

New 90-day high: JP¥352

MK Seiko Co., Ltd. to Report Q2, 2021 Results on Oct 27, 2020

First quarter earnings released

MK Seiko Co., Ltd. to Report Q1, 2021 Results on Jul 28, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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