Meiho Enterprise Balance Sheet Health
Financial Health criteria checks 3/6
Meiho Enterprise has a total shareholder equity of ¥8.2B and total debt of ¥16.4B, which brings its debt-to-equity ratio to 200.6%. Its total assets and total liabilities are ¥26.8B and ¥18.6B respectively. Meiho Enterprise's EBIT is ¥2.6B making its interest coverage ratio 6.5. It has cash and short-term investments of ¥3.3B.
Key information
200.6%
Debt to equity ratio
JP¥16.41b
Debt
| Interest coverage ratio | 6.5x |
| Cash | JP¥3.29b |
| Equity | JP¥8.18b |
| Total liabilities | JP¥18.61b |
| Total assets | JP¥26.79b |
Recent financial health updates
Recent updates
Meiho Enterprise's (TSE:8927) Dividend Will Be ¥5.50
Dec 10
Meiho Enterprise's (TSE:8927) Dividend Will Be ¥5.50
Nov 07Meiho Enterprise (TSE:8927) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Sep 20Is Now The Time To Put Meiho Enterprise (TSE:8927) On Your Watchlist?
Sep 11Meiho Enterprise Co., Ltd. (TSE:8927) Stock's 39% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 06Meiho Enterprise (TSE:8927) Will Pay A Dividend Of ¥5.50
Jul 20Market Might Still Lack Some Conviction On Meiho Enterprise Co., Ltd. (TSE:8927) Even After 27% Share Price Boost
Mar 29Meiho Enterprise (TYO:8927) Has A Pretty Healthy Balance Sheet
Mar 04Why Meiho Enterprise Co., Ltd. (TYO:8927) Is A Dividend Rockstar
Jan 28Should Meiho Enterprise Co., Ltd. (TYO:8927) Focus On Improving This Fundamental Metric?
Dec 09
Financial Position Analysis
Short Term Liabilities: 8927's short term assets (¥23.9B) exceed its short term liabilities (¥8.6B).
Long Term Liabilities: 8927's short term assets (¥23.9B) exceed its long term liabilities (¥10.0B).
Debt to Equity History and Analysis
Debt Level: 8927's net debt to equity ratio (160.4%) is considered high.
Reducing Debt: 8927's debt to equity ratio has increased from 148.4% to 200.6% over the past 5 years.
Debt Coverage: 8927's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8927's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 21:19 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/07/31 |
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 |
| |
| 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
Meiho Enterprise Co., Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Naomitsu Nishijima | Mizuho Securities Co., Ltd. |