Meidensha Balance Sheet Health
Financial Health criteria checks 6/6
Meidensha has a total shareholder equity of ¥126.4B and total debt of ¥43.1B, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are ¥314.2B and ¥187.8B respectively. Meidensha's EBIT is ¥17.0B making its interest coverage ratio -242.9. It has cash and short-term investments of ¥23.0B.
Key information
34.1%
Debt to equity ratio
JP¥43.06b
Debt
| Interest coverage ratio | -242.9x |
| Cash | JP¥23.01b |
| Equity | JP¥126.38b |
| Total liabilities | JP¥187.78b |
| Total assets | JP¥314.16b |
Recent financial health updates
Is Meidensha (TSE:6508) A Risky Investment?
Sep 06
Here's Why Meidensha (TSE:6508) Can Manage Its Debt Responsibly
May 10Recent updates
Is There An Opportunity With Meidensha Corporation's (TSE:6508) 39% Undervaluation?
Dec 18We Think That There Are Issues Underlying Meidensha's (TSE:6508) Earnings
Nov 19Results: Meidensha Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Oct 30Optimistic Investors Push Meidensha Corporation (TSE:6508) Shares Up 27% But Growth Is Lacking
Oct 18Meidensha's (TSE:6508) Returns Have Hit A Wall
Oct 08Is Meidensha (TSE:6508) A Risky Investment?
Sep 06The Market Doesn't Like What It Sees From Meidensha Corporation's (TSE:6508) Earnings Yet As Shares Tumble 27%
Aug 06Estimating The Fair Value Of Meidensha Corporation (TSE:6508)
Jun 06Additional Considerations Required While Assessing Meidensha's (TSE:6508) Strong Earnings
May 21Here's Why Meidensha (TSE:6508) Can Manage Its Debt Responsibly
May 10There's Reason For Concern Over Meidensha Corporation's (TSE:6508) Massive 27% Price Jump
Apr 24Financial Position Analysis
Short Term Liabilities: 6508's short term assets (¥191.9B) exceed its short term liabilities (¥109.1B).
Long Term Liabilities: 6508's short term assets (¥191.9B) exceed its long term liabilities (¥78.7B).
Debt to Equity History and Analysis
Debt Level: 6508's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 6508's debt to equity ratio has reduced from 57.3% to 34.1% over the past 5 years.
Debt Coverage: 6508's debt is well covered by operating cash flow (34.5%).
Interest Coverage: 6508 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 | 2024/12/25 12:58 |
| End of Day Share Price | 2024/12/25 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Meidensha Corporation is covered by 13 analysts. 5 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 |
|---|---|
| Takero Fujiwara | Citigroup Inc |
| null null | Company Forecast |
| Koji Takahashi | Credit Suisse |