MEC Balance Sheet Health
Financial Health criteria checks 6/6
MEC has a total shareholder equity of ¥26.9B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥31.4B and ¥4.5B respectively. MEC's EBIT is ¥4.0B making its interest coverage ratio -42.7. It has cash and short-term investments of ¥10.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -42.7x |
| Cash | JP¥9.99b |
| Equity | JP¥26.93b |
| Total liabilities | JP¥4.48b |
| Total assets | JP¥31.41b |
Recent financial health updates
No updates
Recent updates
MEC (TSE:4971) Is Due To Pay A Dividend Of ¥25.00
Sep 21
MEC (TSE:4971) Is Paying Out A Dividend Of ¥25.00
Aug 25MEC (TSE:4971) Will Pay A Dividend Of ¥25.00
Aug 11MEC Company Ltd. (TSE:4971) Shares May Have Slumped 32% But Getting In Cheap Is Still Unlikely
Aug 05MEC (TSE:4971) Is Paying Out A Dividend Of ¥20.00
Jun 21MEC (TSE:4971) Is Paying Out A Dividend Of ¥20.00
Jun 07MEC (TSE:4971) Has Announced A Dividend Of ¥20.00
Apr 11Financial Position Analysis
Short Term Liabilities: 4971's short term assets (¥17.9B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 4971's short term assets (¥17.9B) exceed its long term liabilities (¥928.0M).
Debt to Equity History and Analysis
Debt Level: 4971 is debt free.
Reducing Debt: 4971 has no debt compared to 5 years ago when its debt to equity ratio was 5.9%.
Debt Coverage: 4971 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4971 has no debt, therefore coverage of interest payments is not a concern.