MEITEC Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
MEITEC Group Holdings has a total shareholder equity of ¥46.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥82.3B and ¥35.9B respectively. MEITEC Group Holdings's EBIT is ¥18.4B making its interest coverage ratio -18406. It has cash and short-term investments of ¥45.5B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -18406x |
Cash | JP¥45.48b |
Equity | JP¥46.40b |
Total liabilities | JP¥35.91b |
Total assets | JP¥82.32b |
Financial Position Analysis
Short Term Liabilities: 9744's short term assets (¥66.8B) exceed its short term liabilities (¥18.6B).
Long Term Liabilities: 9744's short term assets (¥66.8B) exceed its long term liabilities (¥17.3B).
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.