Micron Machinery Balance Sheet Health
Financial Health criteria checks 5/6
Micron Machinery has a total shareholder equity of ¥13.2B and total debt of ¥306.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ¥15.1B and ¥1.9B respectively. Micron Machinery's EBIT is ¥383.0M making its interest coverage ratio -1. It has cash and short-term investments of ¥6.6B.
Key information
2.3%
Debt to equity ratio
JP¥306.00m
Debt
| Interest coverage ratio | -1x |
| Cash | JP¥6.63b |
| Equity | JP¥13.18b |
| Total liabilities | JP¥1.94b |
| Total assets | JP¥15.12b |
Recent financial health updates
Recent updates
Investors Give Micron Machinery Co., Ltd. (TSE:6159) Shares A 25% Hiding
Aug 06
Solid Earnings May Not Tell The Whole Story For Micron Machinery (TSE:6159)
Apr 19Some Investors May Be Willing To Look Past Micron Machinery's (TYO:6159) Soft Earnings
Apr 17Micron Machinery (TYO:6159) Could Be Struggling To Allocate Capital
Apr 04What Type Of Returns Would Micron Machinery's(TYO:6159) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Mar 02Micron Machinery (TYO:6159) Seems To Use Debt Rather Sparingly
Feb 01
What Do The Returns On Capital At Micron Machinery (TYO:6159) Tell Us?
Jan 03What Type Of Returns Would Micron Machinery's(TYO:6159) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Nov 30Financial Position Analysis
Short Term Liabilities: 6159's short term assets (¥10.6B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 6159's short term assets (¥10.6B) exceed its long term liabilities (¥437.0M).
Debt to Equity History and Analysis
Debt Level: 6159 has more cash than its total debt.
Reducing Debt: 6159's debt to equity ratio has reduced from 4.6% to 2.3% over the past 5 years.
Debt Coverage: 6159's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: 6159 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 | 2024/12/24 01:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/08/31 |
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
Micron Machinery Co., Ltd. is covered by 0 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 |
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