Miyakoshi Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Miyakoshi Holdings has a total shareholder equity of ¥28.0B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥29.1B and ¥1.1B respectively. Miyakoshi Holdings's EBIT is ¥392.0M making its interest coverage ratio -1.4. It has cash and short-term investments of ¥12.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -1.4x |
| Cash | JP¥12.11b |
| Equity | JP¥28.02b |
| Total liabilities | JP¥1.06b |
| Total assets | JP¥29.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6620's short term assets (¥13.1B) exceed its short term liabilities (¥448.0M).
Long Term Liabilities: 6620's short term assets (¥13.1B) exceed its long term liabilities (¥614.0M).
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.