miratap Balance Sheet Health
Financial Health criteria checks 5/6
miratap has a total shareholder equity of ¥3.4B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 94.5%. Its total assets and total liabilities are ¥9.1B and ¥5.7B respectively. miratap's EBIT is ¥963.0M making its interest coverage ratio 53.5. It has cash and short-term investments of ¥2.0B.
Key information
94.5%
Debt to equity ratio
JP¥3.24b
Debt
| Interest coverage ratio | 53.5x |
| Cash | JP¥2.04b |
| Equity | JP¥3.43b |
| Total liabilities | JP¥5.70b |
| Total assets | JP¥9.13b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3187's short term assets (¥6.4B) exceed its short term liabilities (¥4.7B).
Long Term Liabilities: 3187's short term assets (¥6.4B) exceed its long term liabilities (¥953.0M).
Debt to Equity History and Analysis
Debt Level: 3187's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: 3187's debt to equity ratio has increased from 65.8% to 94.5% over the past 5 years.
Debt Coverage: 3187's debt is well covered by operating cash flow (30.8%).
Interest Coverage: 3187's interest payments on its debt are well covered by EBIT (53.5x coverage).