Microwave Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Microwave Chemical has a total shareholder equity of ¥685.0M and total debt of ¥205.0M, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are ¥1.7B and ¥1.1B respectively. Microwave Chemical's EBIT is ¥198.0M making its interest coverage ratio 28.3. It has cash and short-term investments of ¥501.0M.
Key information
29.9%
Debt to equity ratio
JP¥205.00m
Debt
| Interest coverage ratio | 28.3x |
| Cash | JP¥501.00m |
| Equity | JP¥685.00m |
| Total liabilities | JP¥1.05b |
| Total assets | JP¥1.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9227's short term assets (¥818.0M) exceed its short term liabilities (¥569.0M).
Long Term Liabilities: 9227's short term assets (¥818.0M) exceed its long term liabilities (¥483.0M).
Debt to Equity History and Analysis
Debt Level: 9227 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9227's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 9227 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 9227 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 71.5% each year