Microwave Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Microwave Chemical has a total shareholder equity of ¥684.0M and total debt of ¥208.0M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are ¥1.7B and ¥981.0M respectively. Microwave Chemical's EBIT is ¥111.0M making its interest coverage ratio 15.9. It has cash and short-term investments of ¥493.0M.
Key information
30.4%
Debt to equity ratio
JP¥208.00m
Debt
| Interest coverage ratio | 15.9x |
| Cash | JP¥493.00m |
| Equity | JP¥684.00m |
| Total liabilities | JP¥981.00m |
| Total assets | JP¥1.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9227's short term assets (¥743.0M) exceed its short term liabilities (¥490.0M).
Long Term Liabilities: 9227's short term assets (¥743.0M) exceed its long term liabilities (¥491.0M).
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 91.9% each year