MIXI Balance Sheet Health
Financial Health criteria checks 5/6
MIXI has a total shareholder equity of ¥173.4B and total debt of ¥8.9B, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ¥210.1B and ¥36.7B respectively. MIXI's EBIT is ¥16.2B making its interest coverage ratio 405.6. It has cash and short-term investments of ¥100.5B.
Key information
5.1%
Debt to equity ratio
JP¥8.86b
Debt
Interest coverage ratio | 405.6x |
Cash | JP¥100.51b |
Equity | JP¥173.38b |
Total liabilities | JP¥36.72b |
Total assets | JP¥210.10b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2121's short term assets (¥154.2B) exceed its short term liabilities (¥27.9B).
Long Term Liabilities: 2121's short term assets (¥154.2B) exceed its long term liabilities (¥8.8B).
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 5.1% over the past 5 years.
Debt Coverage: 2121's debt is well covered by operating cash flow (83.6%).
Interest Coverage: 2121's interest payments on its debt are well covered by EBIT (405.6x coverage).