Makita Balance Sheet Health
Financial Health criteria checks 6/6
Makita has a total shareholder equity of ¥881.6B and total debt of ¥13.0B, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ¥1,047.0B and ¥165.4B respectively. Makita's EBIT is ¥85.8B making its interest coverage ratio -23.1. It has cash and short-term investments of ¥229.9B.
Key information
1.5%
Debt to equity ratio
JP¥13.00b
Debt
| Interest coverage ratio | -23.1x |
| Cash | JP¥229.86b |
| Equity | JP¥881.56b |
| Total liabilities | JP¥165.39b |
| Total assets | JP¥1.05t |
Recent financial health updates
Makita (TSE:6586) Seems To Use Debt Rather Sparingly
Dec 30
Makita (TSE:6586) Has A Rock Solid Balance Sheet
Sep 03Is Makita (TSE:6586) Using Too Much Debt?
May 21Recent updates
Makita (TSE:6586) Seems To Use Debt Rather Sparingly
Dec 30Is Makita Corporation (TSE:6586) Potentially Undervalued?
Dec 03Makita (TSE:6586) Will Be Hoping To Turn Its Returns On Capital Around
Nov 20Shareholders Can Be Confident That Makita's (TSE:6586) Earnings Are High Quality
Nov 06Results: Makita Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 02Estimating The Fair Value Of Makita Corporation (TSE:6586)
Sep 20After Leaping 27% Makita Corporation (TSE:6586) Shares Are Not Flying Under The Radar
Sep 04Makita (TSE:6586) Has A Rock Solid Balance Sheet
Sep 03Makita's (TSE:6586) Dividend Will Be ¥20.00
Aug 19Makita (TSE:6586) Will Pay A Dividend Of ¥20.00
Aug 01Is It Too Late To Consider Buying Makita Corporation (TSE:6586)?
Jul 31Makita (TSE:6586) Has Announced A Dividend Of ¥20.00
Jul 17Getting In Cheap On Makita Corporation (TSE:6586) Might Be Difficult
Jul 16Makita (TSE:6586) May Have Issues Allocating Its Capital
Jun 17Is Makita (TSE:6586) Using Too Much Debt?
May 21We Think Makita's (TSE:6586) Solid Earnings Are Understated
May 03Estimating The Fair Value Of Makita Corporation (TSE:6586)
Apr 28Is Now An Opportune Moment To Examine Makita Corporation (TSE:6586)?
Mar 16Makita's (TSE:6586) Returns On Capital Not Reflecting Well On The Business
Feb 29Financial Position Analysis
Short Term Liabilities: 6586's short term assets (¥695.9B) exceed its short term liabilities (¥133.9B).
Long Term Liabilities: 6586's short term assets (¥695.9B) exceed its long term liabilities (¥31.5B).
Debt to Equity History and Analysis
Debt Level: 6586 has more cash than its total debt.
Reducing Debt: 6586's debt to equity ratio has reduced from 2% to 1.5% over the past 5 years.
Debt Coverage: 6586's debt is well covered by operating cash flow (1474.2%).
Interest Coverage: 6586 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 18:27 |
| 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
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
Makita Corporation is covered by 29 analysts. 16 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 |
|---|---|
| Tsutomu Kijima | Barclays |
| Christopher Cintavey | BNP Paribas Securities (Asia) |
| Kenjin Hotta | BofA Global Research |