MEITEC Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
MEITEC Group Holdings has a total shareholder equity of ¥47.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥88.0B and ¥40.1B respectively. MEITEC Group Holdings's EBIT is ¥18.0B making its interest coverage ratio -3007.7. It has cash and short-term investments of ¥50.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -3007.7x |
| Cash | JP¥50.56b |
| Equity | JP¥47.84b |
| Total liabilities | JP¥40.13b |
| Total assets | JP¥87.96b |
Recent financial health updates
No updates
Recent updates
MEITEC Group Holdings (TSE:9744) Has Announced That It Will Be Increasing Its Dividend To ¥97.00
Dec 01
MEITEC Group Holdings (TSE:9744) Is Very Good At Capital Allocation
Oct 22An Intrinsic Calculation For MEITEC Group Holdings Inc. (TSE:9744) Suggests It's 32% Undervalued
Sep 17MEITEC Group Holdings Inc.'s (TSE:9744) Business Is Yet to Catch Up With Its Share Price
Aug 29MEITEC Group Holdings' (TSE:9744) Dividend Will Be Increased To ¥88.00
Aug 12Calculating The Fair Value Of MEITEC Group Holdings Inc. (TSE:9744)
Jun 10We Think MEITEC Group Holdings (TSE:9744) Might Have The DNA Of A Multi-Bagger
Apr 19MEITEC Group Holdings (TSE:9744) Has Affirmed Its Dividend Of ¥63.00
Mar 15MEITEC Group Holdings (TSE:9744) Is Due To Pay A Dividend Of ¥63.00
Feb 26Financial Position Analysis
Short Term Liabilities: 9744's short term assets (¥72.1B) exceed its short term liabilities (¥22.7B).
Long Term Liabilities: 9744's short term assets (¥72.1B) exceed its long term liabilities (¥17.4B).
Debt to Equity History and Analysis
Debt Level: 9744 is debt free.
Reducing Debt: 9744 has not had any debt for past 5 years.
Debt Coverage: 9744 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9744 has no debt, therefore 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 | 2024/12/30 08:13 |
| End of Day Share Price | 2024/12/30 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
MEITEC Group Holdings Inc. is covered by 10 analysts. 5 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 |
|---|---|
| Yusuke Noguchi | BofA Global Research |
| Satoru Sekine | Daiwa Securities Co. Ltd. |
| Yoko Mizoguchi | Ichiyoshi Research Institute Inc. |