Miroku Jyoho Service Co., Ltd.

TSE:9928 Stock Report

Market Cap: JP¥57.3b

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 ratio286.8x
CashJP¥17.87b
EquityJP¥27.46b
Total liabilitiesJP¥17.77b
Total assetsJP¥45.23b

Recent financial health updates

No updates

Recent updates

Miroku Jyoho Service's (TSE:9928) Dividend Will Be Increased To ¥55.00

Nov 03
Miroku Jyoho Service's (TSE:9928) Dividend Will Be Increased To ¥55.00

Miroku Jyoho Service (TSE:9928) Is Very Good At Capital Allocation

Aug 02
Miroku Jyoho Service (TSE:9928) Is Very Good At Capital Allocation

Miroku Jyoho Service's (TSE:9928) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 28
Miroku Jyoho Service's (TSE:9928) Shareholders Will Receive A Bigger Dividend Than Last Year

Financial 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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