Miroku Jyoho Service Balance Sheet Health
Financial Health criteria checks 6/6
Miroku Jyoho Service has a total shareholder equity of ¥26.6B and total debt of ¥8.9B, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are ¥45.0B and ¥18.3B respectively. Miroku Jyoho Service's EBIT is ¥6.1B making its interest coverage ratio 760.9. It has cash and short-term investments of ¥16.9B.
Key information
33.4%
Debt to equity ratio
JP¥8.89b
Debt
Interest coverage ratio | 760.9x |
Cash | JP¥16.89b |
Equity | JP¥26.64b |
Total liabilities | JP¥18.31b |
Total assets | JP¥44.96b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9928's short term assets (¥25.8B) exceed its short term liabilities (¥15.4B).
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 80.2% to 33.4% over the past 5 years.
Debt Coverage: 9928's debt is well covered by operating cash flow (73.6%).
Interest Coverage: 9928's interest payments on its debt are well covered by EBIT (760.9x coverage).