Makiya Balance Sheet Health
Financial Health criteria checks 5/6
Makiya has a total shareholder equity of ¥19.7B and total debt of ¥5.7B, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are ¥38.3B and ¥18.7B respectively. Makiya's EBIT is ¥2.2B making its interest coverage ratio 545.3. It has cash and short-term investments of ¥3.3B.
Key information
29.1%
Debt to equity ratio
JP¥5.73b
Debt
| Interest coverage ratio | 545.3x |
| Cash | JP¥3.30b |
| Equity | JP¥19.65b |
| Total liabilities | JP¥18.69b |
| Total assets | JP¥38.35b |
Recent financial health updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Makiya (TSE:9890)
Aug 06
Makiya's (TSE:9890) Solid Earnings Are Supported By Other Strong Factors
May 22Makiya (TYO:9890) Shareholders Booked A 75% Gain In The Last Five Years
Mar 17How Does Makiya Co., Ltd. (TYO:9890) Stand Up To These Simple Dividend Safety Checks?
Feb 11Makiya (TYO:9890) Seems To Use Debt Quite Sensibly
Dec 31Financial Position Analysis
Short Term Liabilities: 9890's short term assets (¥11.4B) do not cover its short term liabilities (¥12.1B).
Long Term Liabilities: 9890's short term assets (¥11.4B) exceed its long term liabilities (¥6.6B).
Debt to Equity History and Analysis
Debt Level: 9890's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: 9890's debt to equity ratio has reduced from 46% to 29.1% over the past 5 years.
Debt Coverage: 9890's debt is well covered by operating cash flow (66%).
Interest Coverage: 9890's interest payments on its debt are well covered by EBIT (545.3x coverage).