Meiho Enterprise Co., Ltd.

TSE:8927 Stock Report

Market Cap: JP¥9.3b

Meiho Enterprise Balance Sheet Health

Financial Health criteria checks 3/6

Meiho Enterprise has a total shareholder equity of ¥8.0B and total debt of ¥16.9B, which brings its debt-to-equity ratio to 211.5%. Its total assets and total liabilities are ¥28.1B and ¥20.1B respectively. Meiho Enterprise's EBIT is ¥2.4B making its interest coverage ratio 6.6. It has cash and short-term investments of ¥3.1B.

Key information

211.5%

Debt to equity ratio

JP¥16.90b

Debt

Interest coverage ratio6.6x
CashJP¥3.11b
EquityJP¥7.99b
Total liabilitiesJP¥20.12b
Total assetsJP¥28.10b

Recent financial health updates

Recent updates

Meiho Enterprise's (TSE:8927) Dividend Will Be ¥5.50

Nov 07
Meiho Enterprise's (TSE:8927) Dividend Will Be ¥5.50

Meiho Enterprise (TSE:8927) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Sep 20
Meiho Enterprise (TSE:8927) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Is Now The Time To Put Meiho Enterprise (TSE:8927) On Your Watchlist?

Sep 11
Is Now The Time To Put Meiho Enterprise (TSE:8927) On Your Watchlist?

Meiho Enterprise Co., Ltd. (TSE:8927) Stock's 39% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Aug 06
Meiho Enterprise Co., Ltd. (TSE:8927) Stock's 39% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Meiho Enterprise (TSE:8927) Will Pay A Dividend Of ¥5.50

Jul 20
Meiho Enterprise (TSE:8927) Will Pay A Dividend Of ¥5.50

Market Might Still Lack Some Conviction On Meiho Enterprise Co., Ltd. (TSE:8927) Even After 27% Share Price Boost

Mar 29
Market Might Still Lack Some Conviction On Meiho Enterprise Co., Ltd. (TSE:8927) Even After 27% Share Price Boost

Meiho Enterprise (TYO:8927) Has A Pretty Healthy Balance Sheet

Mar 04
Meiho Enterprise (TYO:8927) Has A Pretty Healthy Balance Sheet

Why Meiho Enterprise Co., Ltd. (TYO:8927) Is A Dividend Rockstar

Jan 28
Why Meiho Enterprise Co., Ltd. (TYO:8927) Is A Dividend Rockstar

Should Meiho Enterprise Co., Ltd. (TYO:8927) Focus On Improving This Fundamental Metric?

Dec 09
Should Meiho Enterprise Co., Ltd. (TYO:8927) Focus On Improving This Fundamental Metric?

Financial Position Analysis

Short Term Liabilities: 8927's short term assets (¥25.3B) exceed its short term liabilities (¥10.6B).

Long Term Liabilities: 8927's short term assets (¥25.3B) exceed its long term liabilities (¥9.5B).


Debt to Equity History and Analysis

Debt Level: 8927's net debt to equity ratio (172.6%) is considered high.

Reducing Debt: 8927's debt to equity ratio has increased from 149.7% to 211.5% 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 (6.6x coverage).


Balance Sheet


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