Makiya Balance Sheet Health

Financial Health criteria checks 5/6

Makiya has a total shareholder equity of ¥20.0B and total debt of ¥5.8B, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are ¥38.6B and ¥18.6B respectively. Makiya's EBIT is ¥2.2B making its interest coverage ratio 241.2. It has cash and short-term investments of ¥3.6B.

Key information

29.2%

Debt to equity ratio

JP¥5.83b

Debt

Interest coverage ratio241.2x
CashJP¥3.61b
EquityJP¥20.00b
Total liabilitiesJP¥18.60b
Total assetsJP¥38.60b

Recent financial health updates

Recent updates

Makiya's (TSE:9890) Earnings Offer More Than Meets The Eye

Nov 20
Makiya's (TSE:9890) Earnings Offer More Than Meets The Eye

Returns On Capital Are Showing Encouraging Signs At Makiya (TSE:9890)

Aug 06
Returns On Capital Are Showing Encouraging Signs At Makiya (TSE:9890)

Makiya's (TSE:9890) Solid Earnings Are Supported By Other Strong Factors

May 22
Makiya's (TSE:9890) Solid Earnings Are Supported By Other Strong Factors

Makiya (TYO:9890) Shareholders Booked A 75% Gain In The Last Five Years

Mar 17
Makiya (TYO:9890) Shareholders Booked A 75% Gain In The Last Five Years

How Does Makiya Co., Ltd. (TYO:9890) Stand Up To These Simple Dividend Safety Checks?

Feb 11
How Does Makiya Co., Ltd. (TYO:9890) Stand Up To These Simple Dividend Safety Checks?

Makiya (TYO:9890) Seems To Use Debt Quite Sensibly

Dec 31
Makiya (TYO:9890) Seems To Use Debt Quite Sensibly

Financial Position Analysis

Short Term Liabilities: 9890's short term assets (¥11.8B) do not cover its short term liabilities (¥11.8B).

Long Term Liabilities: 9890's short term assets (¥11.8B) exceed its long term liabilities (¥6.8B).


Debt to Equity History and Analysis

Debt Level: 9890's net debt to equity ratio (11.1%) is considered satisfactory.

Reducing Debt: 9890's debt to equity ratio has reduced from 43.8% to 29.2% over the past 5 years.

Debt Coverage: 9890's debt is well covered by operating cash flow (52.6%).

Interest Coverage: 9890's interest payments on its debt are well covered by EBIT (241.2x coverage).


Balance Sheet


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