MEGMILK SNOW BRANDLtd Balance Sheet Health
Financial Health criteria checks 6/6
MEGMILK SNOW BRANDLtd has a total shareholder equity of ¥229.7B and total debt of ¥59.4B, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are ¥427.2B and ¥197.5B respectively. MEGMILK SNOW BRANDLtd's EBIT is ¥18.3B making its interest coverage ratio -22.9. It has cash and short-term investments of ¥15.5B.
Key information
25.9%
Debt to equity ratio
JP¥59.40b
Debt
Interest coverage ratio | -22.9x |
Cash | JP¥15.49b |
Equity | JP¥229.70b |
Total liabilities | JP¥197.49b |
Total assets | JP¥427.19b |
Recent financial health updates
No updates
Recent updates
Estimating The Intrinsic Value Of MEGMILK SNOW BRAND Co.,Ltd. (TSE:2270)
Apr 17There's No Escaping MEGMILK SNOW BRAND Co.,Ltd.'s (TSE:2270) Muted Earnings Despite A 26% Share Price Rise
Mar 27MEGMILK SNOW BRANDLtd (TSE:2270) Is Increasing Its Dividend To ¥80.00
Mar 26MEGMILK SNOW BRANDLtd (TSE:2270) Has Affirmed Its Dividend Of ¥60.00
Mar 11MEGMILK SNOW BRANDLtd's (TSE:2270) Dividend Will Be ¥60.00
Feb 26Financial Position Analysis
Short Term Liabilities: 2270's short term assets (¥171.3B) exceed its short term liabilities (¥119.4B).
Long Term Liabilities: 2270's short term assets (¥171.3B) exceed its long term liabilities (¥78.1B).
Debt to Equity History and Analysis
Debt Level: 2270's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: 2270's debt to equity ratio has reduced from 40.8% to 25.9% over the past 5 years.
Debt Coverage: 2270's debt is well covered by operating cash flow (62.6%).
Interest Coverage: 2270 earns more interest than it pays, so coverage of interest payments is not a concern.