Meiji Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Meiji Holdings has a total shareholder equity of ¥774.6B and total debt of ¥77.7B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ¥1,175.8B and ¥401.2B respectively. Meiji Holdings's EBIT is ¥84.3B making its interest coverage ratio -63.5. It has cash and short-term investments of ¥78.8B.
Key information
10.0%
Debt to equity ratio
JP¥77.70b
Debt
| Interest coverage ratio | -63.5x |
| Cash | JP¥78.81b |
| Equity | JP¥774.55b |
| Total liabilities | JP¥401.21b |
| Total assets | JP¥1.18t |
Recent financial health updates
Does Meiji Holdings (TSE:2269) Have A Healthy Balance Sheet?
Aug 03
Meiji Holdings (TSE:2269) Has A Pretty Healthy Balance Sheet
May 01Recent updates
Meiji Holdings (TSE:2269) Is Due To Pay A Dividend Of ¥50.00
Dec 07Meiji Holdings' (TSE:2269) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 21Earnings Beat: Meiji Holdings Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 14Meiji Holdings Co., Ltd.'s (TSE:2269) Intrinsic Value Is Potentially 56% Above Its Share Price
Oct 13Meiji Holdings (TSE:2269) Will Pay A Larger Dividend Than Last Year At ¥50.00
Sep 26Meiji Holdings (TSE:2269) Is Increasing Its Dividend To ¥50.00
Aug 29Meiji Holdings' (TSE:2269) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 15Meiji Holdings Co., Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 13Does Meiji Holdings (TSE:2269) Have A Healthy Balance Sheet?
Aug 03Investors Could Be Concerned With Meiji Holdings' (TSE:2269) Returns On Capital
Jul 03Is There An Opportunity With Meiji Holdings Co., Ltd.'s (TSE:2269) 22% Undervaluation?
Jun 12Why Meiji Holdings' (TSE:2269) Shaky Earnings Are Just The Beginning Of Its Problems
May 22Meiji Holdings (TSE:2269) Has A Pretty Healthy Balance Sheet
May 01Meiji Holdings Co., Ltd.'s (TSE:2269) Shares May Have Run Too Fast Too Soon
Apr 11Meiji Holdings (TSE:2269) Will Be Hoping To Turn Its Returns On Capital Around
Mar 19Meiji Holdings Co., Ltd.'s (TSE:2269) Intrinsic Value Is Potentially 31% Above Its Share Price
Feb 29Financial Position Analysis
Short Term Liabilities: 2269's short term assets (¥540.9B) exceed its short term liabilities (¥309.5B).
Long Term Liabilities: 2269's short term assets (¥540.9B) exceed its long term liabilities (¥91.7B).
Debt to Equity History and Analysis
Debt Level: 2269 has more cash than its total debt.
Reducing Debt: 2269's debt to equity ratio has reduced from 22.1% to 10% over the past 5 years.
Debt Coverage: 2269's debt is well covered by operating cash flow (110.5%).
Interest Coverage: 2269 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 17:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Meiji Holdings Co., Ltd. is covered by 22 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shumpei Kaneko | BofA Global Research |
| Siti Bte Salikin | CFRA Equity Research |
| Masashi Mori | Credit Suisse |