Makiya Balance Sheet Health
Financial Health criteria checks 5/6
Makiya has a total shareholder equity of ¥19.4B and total debt of ¥5.6B, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are ¥38.1B and ¥18.7B respectively. Makiya's EBIT is ¥2.2B making its interest coverage ratio 557. It has cash and short-term investments of ¥4.0B.
Key information
28.8%
Debt to equity ratio
JP¥5.57b
Debt
| Interest coverage ratio | 557x |
| Cash | JP¥3.96b |
| Equity | JP¥19.37b |
| Total liabilities | JP¥18.72b |
| Total assets | JP¥38.09b |
Recent financial health updates
Recent updates
Makiya's (TSE:9890) Solid Earnings Are Supported By Other Strong Factors
May 22
Makiya (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 (¥12.0B) do not cover its short term liabilities (¥13.0B).
Long Term Liabilities: 9890's short term assets (¥12.0B) exceed its long term liabilities (¥5.7B).
Debt to Equity History and Analysis
Debt Level: 9890's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: 9890's debt to equity ratio has reduced from 43.6% to 28.8% over the past 5 years.
Debt Coverage: 9890's debt is well covered by operating cash flow (67.9%).
Interest Coverage: 9890's interest payments on its debt are well covered by EBIT (557x coverage).