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) Is Very Good At Capital Allocation
Oct 22
An 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.