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 ratio | 448.2x |
Cash | JP¥90.96b |
Equity | JP¥173.12b |
Total liabilities | JP¥31.13b |
Total assets | JP¥204.25b |
Recent financial health updates
Recent updates
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).