Mitani Sangyo Balance Sheet Health
Financial Health criteria checks 5/6
Mitani Sangyo has a total shareholder equity of ¥47.4B and total debt of ¥16.2B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are ¥91.4B and ¥44.0B respectively. Mitani Sangyo's EBIT is ¥1.6B making its interest coverage ratio -4.1. It has cash and short-term investments of ¥8.2B.
Key information
34.3%
Debt to equity ratio
JP¥16.24b
Debt
| Interest coverage ratio | -4.1x |
| Cash | JP¥8.17b |
| Equity | JP¥47.39b |
| Total liabilities | JP¥43.96b |
| Total assets | JP¥91.35b |
Recent financial health updates
No updates
Recent updates
Mitani Sangyo (TSE:8285) Has Announced A Dividend Of ¥4.50
Dec 04
Mitani Sangyo's (TSE:8285) Promising Earnings May Rest On Soft Foundations
Nov 07Mitani Sangyo (TSE:8285) Has Announced A Dividend Of ¥4.50
Sep 04Mitani Sangyo's (TSE:8285) Dividend Will Be ¥4.50
Aug 21Mitani Sangyo (TSE:8285) Will Pay A Dividend Of ¥4.50
Jul 26Mitani Sangyo (TSE:8285) Will Pay A Dividend Of ¥4.50
Jul 12Additional Considerations Required While Assessing Mitani Sangyo's (TSE:8285) Strong Earnings
May 07Financial Position Analysis
Short Term Liabilities: 8285's short term assets (¥43.4B) exceed its short term liabilities (¥33.1B).
Long Term Liabilities: 8285's short term assets (¥43.4B) exceed its long term liabilities (¥10.9B).
Debt to Equity History and Analysis
Debt Level: 8285's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: 8285's debt to equity ratio has increased from 32.8% to 34.3% over the past 5 years.
Debt Coverage: 8285's debt is well covered by operating cash flow (38.9%).
Interest Coverage: 8285 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 18:46 |
| End of Day Share Price | 2024/12/24 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 |
| |
| 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
Mitani Sangyo Co., Ltd. is covered by 1 analysts. 0 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 |