Meiji Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Meiji Holdings has a total shareholder equity of ¥790.7B and total debt of ¥69.0B, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are ¥1,202.7B and ¥412.0B respectively. Meiji Holdings's EBIT is ¥85.3B making its interest coverage ratio -66.2. It has cash and short-term investments of ¥90.9B.
Key information
8.7%
Debt to equity ratio
JP¥68.97b
Debt
| Interest coverage ratio | -66.2x |
| Cash | JP¥90.89b |
| Equity | JP¥790.74b |
| Total liabilities | JP¥411.96b |
| Total assets | JP¥1.20t |
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 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 (¥556.7B) exceed its short term liabilities (¥317.2B).
Long Term Liabilities: 2269's short term assets (¥556.7B) exceed its long term liabilities (¥94.8B).
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 25.2% to 8.7% over the past 5 years.
Debt Coverage: 2269's debt is well covered by operating cash flow (124.9%).
Interest Coverage: 2269 earns more interest than it pays, so coverage of interest payments is not a concern.