MTI Balance Sheet Health
Financial Health criteria checks 5/6
MTI has a total shareholder equity of ¥19.1B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are ¥29.7B and ¥10.5B respectively. MTI's EBIT is ¥2.4B making its interest coverage ratio 342.1. It has cash and short-term investments of ¥14.8B.
Key information
12.7%
Debt to equity ratio
JP¥2.43b
Debt
| Interest coverage ratio | 342.1x |
| Cash | JP¥14.83b |
| Equity | JP¥19.14b |
| Total liabilities | JP¥10.54b |
| Total assets | JP¥29.69b |
Recent financial health updates
Recent updates
We Think That There Are Issues Underlying MTI's (TSE:9438) Earnings
Dec 30
MTI Ltd.'s (TSE:9438) Shares Climb 28% But Its Business Is Yet to Catch Up
Aug 23Estimating The Intrinsic Value Of MTI Ltd. (TSE:9438)
Aug 09Is MTI (TSE:9438) A Risky Investment?
Jul 24Optimistic Investors Push MTI Ltd. (TSE:9438) Shares Up 27% But Growth Is Lacking
Jun 20MTI's (TSE:9438) Shareholders May Want To Dig Deeper Than Statutory Profit
May 22MTI Ltd.'s (TSE:9438) 27% Share Price Surge Not Quite Adding Up
Feb 29Financial Position Analysis
Short Term Liabilities: 9438's short term assets (¥20.2B) exceed its short term liabilities (¥7.0B).
Long Term Liabilities: 9438's short term assets (¥20.2B) exceed its long term liabilities (¥3.6B).
Debt to Equity History and Analysis
Debt Level: 9438 has more cash than its total debt.
Reducing Debt: 9438's debt to equity ratio has increased from 0.3% to 12.7% over the past 5 years.
Debt Coverage: 9438's debt is well covered by operating cash flow (170%).
Interest Coverage: 9438's interest payments on its debt are well covered by EBIT (342.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 12:41 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MTI Ltd. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mariko Watanabe | Credit Suisse |
| Jun Hasebe | Daiwa Securities Co. Ltd. |
| Masatoshi Nagata | Ichiyoshi Research Institute Inc. |