Micronics Japan Balance Sheet Health
Financial Health criteria checks 6/6
Micronics Japan has a total shareholder equity of ¥46.5B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ¥68.3B and ¥21.8B respectively. Micronics Japan's EBIT is ¥11.3B making its interest coverage ratio -112.9. It has cash and short-term investments of ¥21.0B.
Key information
2.5%
Debt to equity ratio
JP¥1.17b
Debt
| Interest coverage ratio | -112.9x |
| Cash | JP¥20.96b |
| Equity | JP¥46.55b |
| Total liabilities | JP¥21.79b |
| Total assets | JP¥68.34b |
Recent financial health updates
Recent updates
Is It Too Late To Consider Buying Micronics Japan Co., Ltd. (TSE:6871)?
Sep 07
Returns At Micronics Japan (TSE:6871) Appear To Be Weighed Down
Jul 22Micronics Japan (TSE:6871) Has A Pretty Healthy Balance Sheet
Jun 05Micronics Japan Co., Ltd.'s (TSE:6871) Share Price Is Still Matching Investor Opinion Despite 25% Slump
Apr 30Here's What To Make Of Micronics Japan's (TSE:6871) Decelerating Rates Of Return
Apr 22Micronics Japan's (TSE:6871) Anemic Earnings Might Be Worse Than You Think
Apr 08Calculating The Intrinsic Value Of Micronics Japan Co., Ltd. (TSE:6871)
Mar 14Analysts Just Published A Bright New Outlook For Micronics Japan Co., Ltd.'s (TSE:6871)
Feb 27Market Participants Recognise Micronics Japan Co., Ltd.'s (TSE:6871) Earnings Pushing Shares 76% Higher
Feb 26Financial Position Analysis
Short Term Liabilities: 6871's short term assets (¥39.9B) exceed its short term liabilities (¥19.1B).
Long Term Liabilities: 6871's short term assets (¥39.9B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 6871 has more cash than its total debt.
Reducing Debt: 6871's debt to equity ratio has reduced from 7.1% to 2.5% over the past 5 years.
Debt Coverage: 6871's debt is well covered by operating cash flow (980.7%).
Interest Coverage: 6871 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Micronics Japan Co., Ltd. is covered by 12 analysts. 3 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 |
|---|---|
| Christian Dinwoodie | CLSA |
| Daisuke Tanimoto | Credit Suisse |
| Hirokazu Mitsuda | Daiwa Securities Co. Ltd. |