MIRAI Balance Sheet Health

Financial Health criteria checks 1/6

MIRAI has a total shareholder equity of ¥87.0B and total debt of ¥91.9B, which brings its debt-to-equity ratio to 105.7%. Its total assets and total liabilities are ¥187.6B and ¥100.6B respectively. MIRAI's EBIT is ¥5.1B making its interest coverage ratio 8.3. It has cash and short-term investments of ¥2.6B.

Key information

105.7%

Debt to equity ratio

JP¥91.90b

Debt

Interest coverage ratio8.3x
CashJP¥2.63b
EquityJP¥86.99b
Total liabilitiesJP¥100.58b
Total assetsJP¥187.56b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 3476's short term assets (¥6.1B) do not cover its short term liabilities (¥13.5B).

Long Term Liabilities: 3476's short term assets (¥6.1B) do not cover its long term liabilities (¥87.1B).


Debt to Equity History and Analysis

Debt Level: 3476's net debt to equity ratio (102.6%) is considered high.

Reducing Debt: 3476's debt to equity ratio has increased from 105.4% to 105.7% over the past 5 years.

Debt Coverage: 3476's debt is not well covered by operating cash flow (6.1%).

Interest Coverage: 3476's interest payments on its debt are well covered by EBIT (8.3x coverage).


Balance Sheet


Discover healthy companies