Mirai Works Balance Sheet Health
Financial Health criteria checks 6/6
Mirai Works has a total shareholder equity of ¥1.3B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥3.2B and ¥1.9B respectively. Mirai Works's EBIT is ¥352.0M making its interest coverage ratio 352. It has cash and short-term investments of ¥1.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | 352x |
Cash | JP¥1.11b |
Equity | JP¥1.28b |
Total liabilities | JP¥1.91b |
Total assets | JP¥3.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6563's short term assets (¥2.6B) exceed its short term liabilities (¥1.9B).
Long Term Liabilities: 6563 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 6563 is debt free.
Reducing Debt: 6563 has not had any debt for past 5 years.
Debt Coverage: 6563 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6563 has no debt, therefore coverage of interest payments is not a concern.