MICREEDLtd Balance Sheet Health
Financial Health criteria checks 6/6
MICREEDLtd has a total shareholder equity of ¥1.2B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥2.1B and ¥917.0M respectively.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | n/a |
Cash | JP¥665.00m |
Equity | JP¥1.16b |
Total liabilities | JP¥917.00m |
Total assets | JP¥2.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7687's short term assets (¥1.9B) exceed its short term liabilities (¥894.0M).
Long Term Liabilities: 7687's short term assets (¥1.9B) exceed its long term liabilities (¥23.0M).
Debt to Equity History and Analysis
Debt Level: 7687 is debt free.
Reducing Debt: 7687 has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: 7687 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7687 has no debt, therefore coverage of interest payments is not a concern.