Meiko Network Japan Balance Sheet Health
Financial Health criteria checks 6/6
Meiko Network Japan has a total shareholder equity of ¥11.6B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥16.4B and ¥4.8B respectively. Meiko Network Japan's EBIT is ¥1.0B making its interest coverage ratio -24.4. It has cash and short-term investments of ¥8.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -24.4x |
Cash | JP¥8.70b |
Equity | JP¥11.56b |
Total liabilities | JP¥4.82b |
Total assets | JP¥16.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4668's short term assets (¥10.8B) exceed its short term liabilities (¥3.8B).
Long Term Liabilities: 4668's short term assets (¥10.8B) exceed its long term liabilities (¥972.0M).
Debt to Equity History and Analysis
Debt Level: 4668 is debt free.
Reducing Debt: 4668 has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: 4668 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4668 has no debt, therefore coverage of interest payments is not a concern.