Miyakoshi Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Miyakoshi Holdings has a total shareholder equity of ¥26.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥28.0B and ¥1.2B respectively. Miyakoshi Holdings's EBIT is ¥477.0M making its interest coverage ratio -1.7. It has cash and short-term investments of ¥11.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -1.7x |
Cash | JP¥11.13b |
Equity | JP¥26.82b |
Total liabilities | JP¥1.18b |
Total assets | JP¥28.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6620's short term assets (¥12.1B) exceed its short term liabilities (¥366.0M).
Long Term Liabilities: 6620's short term assets (¥12.1B) exceed its long term liabilities (¥818.0M).
Debt to Equity History and Analysis
Debt Level: 6620 is debt free.
Reducing Debt: 6620 had no debt 5 years ago.
Debt Coverage: 6620 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6620 has no debt, therefore coverage of interest payments is not a concern.