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 ¥884.0M respectively.

Key information

0%

Debt to equity ratio

JP¥0

Debt

Interest coverage ration/a
CashJP¥842.00m
EquityJP¥1.18b
Total liabilitiesJP¥884.00m
Total assetsJP¥2.07b

Recent financial health updates

No updates

Recent updates

Why Investors Shouldn't Be Surprised By MICREED Co.,Ltd.'s (TSE:7687) 27% Share Price Plunge

May 24
Why Investors Shouldn't Be Surprised By MICREED Co.,Ltd.'s (TSE:7687) 27% Share Price Plunge

MICREEDLtd's (TSE:7687) Strong Earnings Are Of Good Quality

May 23
MICREEDLtd's (TSE:7687) Strong Earnings Are Of Good Quality

Calculating The Fair Value Of MICREED Co.,Ltd. (TSE:7687)

May 22
Calculating The Fair Value Of MICREED Co.,Ltd. (TSE:7687)

MICREED Co.,Ltd. (TSE:7687) Not Flying Under The Radar

Feb 29
MICREED Co.,Ltd. (TSE:7687) Not Flying Under The Radar

Financial Position Analysis

Short Term Liabilities: 7687's short term assets (¥1.8B) exceed its short term liabilities (¥853.0M).

Long Term Liabilities: 7687's short term assets (¥1.8B) exceed its long term liabilities (¥31.0M).


Debt to Equity History and Analysis

Debt Level: 7687 is debt free.

Reducing Debt: 7687 has not had any debt for past 5 years.

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.


Balance Sheet


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