MUGEN ESTATELtd Balance Sheet Health
Financial Health criteria checks 4/6
MUGEN ESTATELtd has a total shareholder equity of ¥29.5B and total debt of ¥51.3B, which brings its debt-to-equity ratio to 173.8%. Its total assets and total liabilities are ¥86.2B and ¥56.7B respectively. MUGEN ESTATELtd's EBIT is ¥7.7B making its interest coverage ratio 10.5. It has cash and short-term investments of ¥20.1B.
Key information
173.8%
Debt to equity ratio
JP¥51.26b
Debt
| Interest coverage ratio | 10.5x |
| Cash | JP¥20.10b |
| Equity | JP¥29.49b |
| Total liabilities | JP¥56.73b |
| Total assets | JP¥86.22b |
Recent financial health updates
No updates
Recent updates
MUGEN ESTATELtd (TSE:3299) Is Increasing Its Dividend To ¥68.00
Aug 12
Should You Be Adding MUGEN ESTATELtd (TSE:3299) To Your Watchlist Today?
Aug 03We Ran A Stock Scan For Earnings Growth And MUGEN ESTATELtd (TSE:3299) Passed With Ease
Mar 19MUGEN ESTATE Co.,Ltd. (TSE:3299) Stock Rockets 27% But Many Are Still Ignoring The Company
Feb 26Financial Position Analysis
Short Term Liabilities: 3299's short term assets (¥79.9B) exceed its short term liabilities (¥22.6B).
Long Term Liabilities: 3299's short term assets (¥79.9B) exceed its long term liabilities (¥34.1B).
Debt to Equity History and Analysis
Debt Level: 3299's net debt to equity ratio (105.7%) is considered high.
Reducing Debt: 3299's debt to equity ratio has reduced from 177% to 173.8% over the past 5 years.
Debt Coverage: 3299's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: 3299's interest payments on its debt are well covered by EBIT (10.5x coverage).