Paris Miki Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Paris Miki Holdings has a total shareholder equity of ¥30.0B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are ¥40.0B and ¥10.0B respectively. Paris Miki Holdings's EBIT is ¥1.9B making its interest coverage ratio -23. It has cash and short-term investments of ¥13.8B.
Key information
5.8%
Debt to equity ratio
JP¥1.74b
Debt
Interest coverage ratio | -23x |
Cash | JP¥13.76b |
Equity | JP¥30.02b |
Total liabilities | JP¥10.00b |
Total assets | JP¥40.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7455's short term assets (¥26.9B) exceed its short term liabilities (¥8.9B).
Long Term Liabilities: 7455's short term assets (¥26.9B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 7455 has more cash than its total debt.
Reducing Debt: 7455's debt to equity ratio has reduced from 18.5% to 5.8% over the past 5 years.
Debt Coverage: 7455's debt is well covered by operating cash flow (155.9%).
Interest Coverage: 7455 earns more interest than it pays, so coverage of interest payments is not a concern.