MicroAd Balance Sheet Health
Financial Health criteria checks 4/6
MicroAd has a total shareholder equity of ¥4.1B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are ¥8.5B and ¥4.4B respectively. MicroAd's EBIT is ¥371.0M making its interest coverage ratio -371. It has cash and short-term investments of ¥2.8B.
Key information
59.2%
Debt to equity ratio
JP¥2.41b
Debt
| Interest coverage ratio | -371x |
| Cash | JP¥2.79b |
| Equity | JP¥4.07b |
| Total liabilities | JP¥4.44b |
| Total assets | JP¥8.51b |
Recent financial health updates
Recent updates
Is It Time To Consider Buying MicroAd, Inc. (TSE:9553)?
Oct 22
Investors 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 (¥5.1B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 9553's short term assets (¥5.1B) exceed its long term liabilities (¥343.0M).
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 (15.6%).
Interest Coverage: 9553 earns more interest than it pays, so coverage of interest payments is not a concern.