Midac Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Midac Holdings has a total shareholder equity of ¥13.8B and total debt of ¥9.9B, which brings its debt-to-equity ratio to 72.1%. Its total assets and total liabilities are ¥27.4B and ¥13.6B respectively. Midac Holdings's EBIT is ¥4.1B making its interest coverage ratio 39.8. It has cash and short-term investments of ¥8.7B.
Key information
72.1%
Debt to equity ratio
JP¥9.93b
Debt
| Interest coverage ratio | 39.8x |
| Cash | JP¥8.71b |
| Equity | JP¥13.76b |
| Total liabilities | JP¥13.61b |
| Total assets | JP¥27.36b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6564's short term assets (¥10.1B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 6564's short term assets (¥10.1B) exceed its long term liabilities (¥9.5B).
Debt to Equity History and Analysis
Debt Level: 6564's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: 6564's debt to equity ratio has reduced from 190.5% to 72.1% over the past 5 years.
Debt Coverage: 6564's debt is well covered by operating cash flow (37.6%).
Interest Coverage: 6564's interest payments on its debt are well covered by EBIT (39.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 00:10 |
| End of Day Share Price | 2025/01/22 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 |
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| 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
Midac Holdings Co., Ltd. is covered by 3 analysts. 1 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 |
|---|---|
| Koichi Hariya | Ichiyoshi Research Institute Inc. |
| null null | Storm Research Limited |
| Katsumi Hosoi | Tokai Tokyo Intelligence Laboratory Co., Ltd. |