Miroku Balance Sheet Health
Financial Health criteria checks 4/6
Miroku has a total shareholder equity of ¥15.6B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are ¥22.5B and ¥6.9B respectively. Miroku's EBIT is ¥357.0M making its interest coverage ratio -7.6. It has cash and short-term investments of ¥1.2B.
Key information
20.7%
Debt to equity ratio
JP¥3.22b
Debt
Interest coverage ratio | -7.6x |
Cash | JP¥1.20b |
Equity | JP¥15.59b |
Total liabilities | JP¥6.89b |
Total assets | JP¥22.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7983's short term assets (¥9.9B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 7983's short term assets (¥9.9B) exceed its long term liabilities (¥3.9B).
Debt to Equity History and Analysis
Debt Level: 7983's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: 7983's debt to equity ratio has increased from 5.4% to 20.7% over the past 5 years.
Debt Coverage: 7983's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7983 earns more interest than it pays, so coverage of interest payments is not a concern.