Meiwa Balance Sheet Health
Financial Health criteria checks 6/6
Meiwa has a total shareholder equity of ¥37.3B and total debt of ¥1.8B, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are ¥74.7B and ¥37.4B respectively. Meiwa's EBIT is ¥3.2B making its interest coverage ratio -13. It has cash and short-term investments of ¥6.6B.
Key information
4.9%
Debt to equity ratio
JP¥1.81b
Debt
| Interest coverage ratio | -13x |
| Cash | JP¥6.63b |
| Equity | JP¥37.31b |
| Total liabilities | JP¥37.37b |
| Total assets | JP¥74.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8103's short term assets (¥56.7B) exceed its short term liabilities (¥33.4B).
Long Term Liabilities: 8103's short term assets (¥56.7B) exceed its long term liabilities (¥4.0B).
Debt to Equity History and Analysis
Debt Level: 8103 has more cash than its total debt.
Reducing Debt: 8103's debt to equity ratio has reduced from 10.2% to 4.9% over the past 5 years.
Debt Coverage: 8103's debt is well covered by operating cash flow (312.4%).
Interest Coverage: 8103 earns more interest than it pays, so coverage of interest payments is not a concern.