Misumi Balance Sheet Health
Financial Health criteria checks 3/6
Misumi has a total shareholder equity of ¥18.7B and total debt of ¥15.7B, which brings its debt-to-equity ratio to 83.9%. Its total assets and total liabilities are ¥42.2B and ¥23.5B respectively. Misumi's EBIT is ¥718.0M making its interest coverage ratio -23.9. It has cash and short-term investments of ¥5.5B.
Key information
83.9%
Debt to equity ratio
JP¥15.67b
Debt
| Interest coverage ratio | -23.9x |
| Cash | JP¥5.53b |
| Equity | JP¥18.67b |
| Total liabilities | JP¥23.48b |
| Total assets | JP¥42.15b |
Recent financial health updates
Here's Why Misumi (FKSE:7441) Can Manage Its Debt Responsibly
May 05
Is Misumi (FKSE:7441) A Risky Investment?
Jan 20Recent updates
Here's Why Misumi (FKSE:7441) Can Manage Its Debt Responsibly
May 05How Does Misumi Co., Ltd. (FKSE:7441) Fare As A Dividend Stock?
Apr 14Misumi's (FKSE:7441) Shareholders Are Down 13% On Their Shares
Mar 09Has Misumi (FKSE:7441) Got What It Takes To Become A Multi-Bagger?
Feb 10Is Misumi (FKSE:7441) A Risky Investment?
Jan 20Is Misumi Co., Ltd. (FKSE:7441) A Smart Choice For Dividend Investors?
Dec 30Misumi's (FKSE:7441) Shareholders Are Down 11% On Their Shares
Dec 08We Think Misumi's (FKSE:7441) Statutory Profit Might Understate Its Earnings Potential
Nov 20
Financial Position Analysis
Short Term Liabilities: 7441's short term assets (¥16.2B) exceed its short term liabilities (¥13.9B).
Long Term Liabilities: 7441's short term assets (¥16.2B) exceed its long term liabilities (¥9.6B).
Debt to Equity History and Analysis
Debt Level: 7441's net debt to equity ratio (54.3%) is considered high.
Reducing Debt: 7441's debt to equity ratio has increased from 80.2% to 83.9% over the past 5 years.
Debt Coverage: 7441's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: 7441 earns more interest than it pays, so coverage of interest payments is not a concern.