Mizuno Balance Sheet Health
Financial Health criteria checks 6/6
Mizuno has a total shareholder equity of ¥152.3B and total debt of ¥13.3B, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are ¥210.8B and ¥58.5B respectively. Mizuno's EBIT is ¥19.1B making its interest coverage ratio -76.6. It has cash and short-term investments of ¥37.5B.
Key information
8.7%
Debt to equity ratio
JP¥13.31b
Debt
| Interest coverage ratio | -76.6x |
| Cash | JP¥37.55b |
| Equity | JP¥152.32b |
| Total liabilities | JP¥58.46b |
| Total assets | JP¥210.78b |
Recent financial health updates
Is Mizuno (TSE:8022) A Risky Investment?
Sep 07
Does Mizuno (TSE:8022) Have A Healthy Balance Sheet?
May 28Recent updates
We Like These Underlying Return On Capital Trends At Mizuno (TSE:8022)
Oct 06Is Mizuno (TSE:8022) A Risky Investment?
Sep 07Mizuno Corporation's (TSE:8022) Shares Climb 27% But Its Business Is Yet to Catch Up
Aug 24Is Mizuno Corporation (TSE:8022) Trading At A 41% Discount?
Aug 02Is Now The Time To Put Mizuno (TSE:8022) On Your Watchlist?
Jul 16Mizuno (TSE:8022) Might Have The Makings Of A Multi-Bagger
Jun 24Does Mizuno (TSE:8022) Have A Healthy Balance Sheet?
May 28Estimating The Intrinsic Value Of Mizuno Corporation (TSE:8022)
Apr 26Mizuno Corporation (TSE:8022) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Apr 11Here's Why Mizuno (TSE:8022) Has Caught The Eye Of Investors
Apr 08Returns On Capital Are Showing Encouraging Signs At Mizuno (TSE:8022)
Mar 12Mizuno Corporation's (TSE:8022) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Feb 26Financial Position Analysis
Short Term Liabilities: 8022's short term assets (¥140.6B) exceed its short term liabilities (¥38.3B).
Long Term Liabilities: 8022's short term assets (¥140.6B) exceed its long term liabilities (¥20.2B).
Debt to Equity History and Analysis
Debt Level: 8022 has more cash than its total debt.
Reducing Debt: 8022's debt to equity ratio has reduced from 18.8% to 8.7% over the past 5 years.
Debt Coverage: 8022's debt is well covered by operating cash flow (163.2%).
Interest Coverage: 8022 earns more interest than it pays, so coverage of interest payments is not a concern.