Miroku Jyoho Service Balance Sheet Health
Financial Health criteria checks 6/6
Miroku Jyoho Service has a total shareholder equity of ¥27.5B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are ¥45.2B and ¥17.8B respectively. Miroku Jyoho Service's EBIT is ¥6.3B making its interest coverage ratio 286.8. It has cash and short-term investments of ¥17.9B.
Key information
32.8%
Debt to equity ratio
JP¥9.02b
Debt
| Interest coverage ratio | 286.8x |
| Cash | JP¥17.87b |
| Equity | JP¥27.46b |
| Total liabilities | JP¥17.77b |
| Total assets | JP¥45.23b |
Recent financial health updates
No updates
Recent updates
Miroku Jyoho Service's (TSE:9928) Upcoming Dividend Will Be Larger Than Last Year's
Dec 06
Miroku Jyoho Service's (TSE:9928) Dividend Will Be Increased To ¥55.00
Nov 03Miroku Jyoho Service (TSE:9928) Is Very Good At Capital Allocation
Aug 02Miroku Jyoho Service's (TSE:9928) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 28Financial Position Analysis
Short Term Liabilities: 9928's short term assets (¥25.8B) exceed its short term liabilities (¥14.8B).
Long Term Liabilities: 9928's short term assets (¥25.8B) exceed its long term liabilities (¥2.9B).
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 68.2% to 32.8% over the past 5 years.
Debt Coverage: 9928's debt is well covered by operating cash flow (83.4%).
Interest Coverage: 9928's interest payments on its debt are well covered by EBIT (286.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 00:27 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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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
Miroku Jyoho Service Co., Ltd. is covered by 5 analysts. 1 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 |
|---|---|
| null null | Company Forecast |
| Jiro Kojima | Daiwa Securities Co. Ltd. |
| Kenichi Ito | Ichiyoshi Research Institute Inc. |