Meiho HoldingsInc Balance Sheet Health
Financial Health criteria checks 4/6
Meiho HoldingsInc has a total shareholder equity of ¥2.0B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 155%. Its total assets and total liabilities are ¥7.6B and ¥5.6B respectively. Meiho HoldingsInc's EBIT is ¥146.0M making its interest coverage ratio 4.6. It has cash and short-term investments of ¥1.4B.
Key information
155.0%
Debt to equity ratio
JP¥3.13b
Debt
| Interest coverage ratio | 4.6x |
| Cash | JP¥1.35b |
| Equity | JP¥2.02b |
| Total liabilities | JP¥5.59b |
| Total assets | JP¥7.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7369's short term assets (¥3.6B) exceed its short term liabilities (¥2.4B).
Long Term Liabilities: 7369's short term assets (¥3.6B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 7369's net debt to equity ratio (88.1%) is considered high.
Reducing Debt: 7369's debt to equity ratio has increased from 141.6% to 155% over the past 5 years.
Debt Coverage: 7369's debt is well covered by operating cash flow (21.1%).
Interest Coverage: 7369's interest payments on its debt are well covered by EBIT (4.6x coverage).