MIXI Balance Sheet Health

Financial Health criteria checks 5/6

MIXI has a total shareholder equity of ¥173.1B and total debt of ¥8.4B, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are ¥204.2B and ¥31.1B respectively. MIXI's EBIT is ¥19.7B making its interest coverage ratio 448.2. It has cash and short-term investments of ¥91.0B.

Key information

4.8%

Debt to equity ratio

JP¥8.35b

Debt

Interest coverage ratio448.2x
CashJP¥90.96b
EquityJP¥173.12b
Total liabilitiesJP¥31.13b
Total assetsJP¥204.25b

Recent financial health updates

Recent updates

Be Wary Of MIXI (TSE:2121) And Its Returns On Capital

Jul 24
Be Wary Of MIXI (TSE:2121) And Its Returns On Capital

With MIXI, Inc. (TSE:2121) It Looks Like You'll Get What You Pay For

Jun 26
With MIXI, Inc. (TSE:2121) It Looks Like You'll Get What You Pay For

We Like MIXI's (TSE:2121) Earnings For More Than Just Statutory Profit

May 21
We Like MIXI's (TSE:2121) Earnings For More Than Just Statutory Profit

These 4 Measures Indicate That MIXI (TSE:2121) Is Using Debt Reasonably Well

Mar 01
These 4 Measures Indicate That MIXI (TSE:2121) Is Using Debt Reasonably Well

Financial Position Analysis

Short Term Liabilities: 2121's short term assets (¥146.2B) exceed its short term liabilities (¥22.6B).

Long Term Liabilities: 2121's short term assets (¥146.2B) exceed its long term liabilities (¥8.5B).


Debt to Equity History and Analysis

Debt Level: 2121 has more cash than its total debt.

Reducing Debt: 2121's debt to equity ratio has increased from 0% to 4.8% over the past 5 years.

Debt Coverage: 2121's debt is well covered by operating cash flow (165.4%).

Interest Coverage: 2121's interest payments on its debt are well covered by EBIT (448.2x coverage).


Balance Sheet


Discover healthy companies