Miroku Jyoho Service Balance Sheet Health
Financial Health criteria checks 6/6
Miroku Jyoho Service has a total shareholder equity of ¥26.4B and total debt of ¥9.3B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are ¥44.4B and ¥18.0B respectively. Miroku Jyoho Service's EBIT is ¥5.3B making its interest coverage ratio -477.3. It has cash and short-term investments of ¥17.5B.
Key information
35.3%
Debt to equity ratio
JP¥9.32b
Debt
Interest coverage ratio | -477.3x |
Cash | JP¥17.49b |
Equity | JP¥26.43b |
Total liabilities | JP¥18.02b |
Total assets | JP¥44.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9928's short term assets (¥25.0B) exceed its short term liabilities (¥14.7B).
Long Term Liabilities: 9928's short term assets (¥25.0B) exceed its long term liabilities (¥3.3B).
Debt to Equity History and Analysis
Debt Level: 9928 has more cash than its total debt.
Reducing Debt: 9928's debt to equity ratio has reduced from 84.4% to 35.3% over the past 5 years.
Debt Coverage: 9928's debt is well covered by operating cash flow (72.9%).
Interest Coverage: 9928 earns more interest than it pays, so coverage of interest payments is not a concern.