MicroAd Balance Sheet Health
Financial Health criteria checks 4/6
MicroAd has a total shareholder equity of ¥3.9B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are ¥8.4B and ¥4.5B respectively. MicroAd's EBIT is ¥307.0M making its interest coverage ratio 102.3. It has cash and short-term investments of ¥2.5B.
Key information
61.7%
Debt to equity ratio
JP¥2.40b
Debt
| Interest coverage ratio | 102.3x |
| Cash | JP¥2.48b |
| Equity | JP¥3.90b |
| Total liabilities | JP¥4.50b |
| Total assets | JP¥8.39b |
Recent financial health updates
Recent updates
MicroAd's (TSE:9553) Problems Go Beyond Weak Profit
Nov 27
Is It Time To Consider Buying MicroAd, Inc. (TSE:9553)?
Oct 22Investors Appear Satisfied With MicroAd, Inc.'s (TSE:9553) Prospects As Shares Rocket 34%
Sep 04Is MicroAd (TSE:9553) Using Too Much Debt?
Jul 29Is MicroAd, Inc. (TSE:9553) Potentially Undervalued?
Jul 02MicroAd's (TSE:9553) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 22MicroAd (TSE:9553) May Have Issues Allocating Its Capital
Mar 19Financial Position Analysis
Short Term Liabilities: 9553's short term assets (¥4.9B) exceed its short term liabilities (¥4.2B).
Long Term Liabilities: 9553's short term assets (¥4.9B) exceed its long term liabilities (¥330.0M).
Debt to Equity History and Analysis
Debt Level: 9553 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9553's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9553's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 9553's interest payments on its debt are well covered by EBIT (102.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 14:26 |
| End of Day Share Price | 2024/12/25 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
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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
MicroAd, Inc. is covered by 1 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 |
|---|---|
| Hiroshi Naya | Ichiyoshi Research Institute Inc. |