Mirai IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Mirai IndustryLtd has a total shareholder equity of ¥51.5B and total debt of ¥354.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥64.2B and ¥12.7B respectively. Mirai IndustryLtd's EBIT is ¥7.5B making its interest coverage ratio -112.7. It has cash and short-term investments of ¥19.5B.
Key information
0.7%
Debt to equity ratio
JP¥354.00m
Debt
| Interest coverage ratio | -112.7x |
| Cash | JP¥19.45b |
| Equity | JP¥51.52b |
| Total liabilities | JP¥12.69b |
| Total assets | JP¥64.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7931's short term assets (¥40.8B) exceed its short term liabilities (¥10.0B).
Long Term Liabilities: 7931's short term assets (¥40.8B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 7931 has more cash than its total debt.
Reducing Debt: 7931's debt to equity ratio has reduced from 2.1% to 0.7% over the past 5 years.
Debt Coverage: 7931's debt is well covered by operating cash flow (2061.6%).
Interest Coverage: 7931 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 23:49 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/20 |
| Annual Earnings | 2024/03/20 |
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
Mirai Industry Co.,Ltd. is covered by 2 analysts. 1 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 |
|---|---|
| null null | Company Forecast |
| Koichi Hariya | Ichiyoshi Research Institute Inc. |