Mimaki Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Mimaki Engineering has a total shareholder equity of ¥29.5B and total debt of ¥20.5B, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are ¥71.7B and ¥42.2B respectively. Mimaki Engineering's EBIT is ¥7.8B making its interest coverage ratio 22.4. It has cash and short-term investments of ¥14.0B.
Key information
69.5%
Debt to equity ratio
JP¥20.51b
Debt
| Interest coverage ratio | 22.4x |
| Cash | JP¥14.03b |
| Equity | JP¥29.53b |
| Total liabilities | JP¥42.18b |
| Total assets | JP¥71.71b |
Recent financial health updates
Recent updates
Is There Now An Opportunity In Mimaki Engineering Co., Ltd. (TSE:6638)?
Oct 06
We Ran A Stock Scan For Earnings Growth And Mimaki Engineering (TSE:6638) Passed With Ease
Sep 06Mimaki Engineering Co., Ltd. (TSE:6638) Might Not Be As Mispriced As It Looks After Plunging 32%
Aug 05Is Mimaki Engineering (TSE:6638) A Risky Investment?
Jun 24We Think Mimaki Engineering's (TSE:6638) Profit Is Only A Baseline For What They Can Achieve
May 22Mimaki Engineering Co., Ltd.'s (TSE:6638) Shares Leap 26% Yet They're Still Not Telling The Full Story
May 08Mimaki Engineering's (TSE:6638) Dividend Will Be ¥10.00
Mar 12Mimaki Engineering's (TSE:6638) Dividend Will Be ¥10.00
Feb 27Financial Position Analysis
Short Term Liabilities: 6638's short term assets (¥54.7B) exceed its short term liabilities (¥36.1B).
Long Term Liabilities: 6638's short term assets (¥54.7B) exceed its long term liabilities (¥6.1B).
Debt to Equity History and Analysis
Debt Level: 6638's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: 6638's debt to equity ratio has reduced from 120.8% to 69.5% over the past 5 years.
Debt Coverage: 6638's debt is well covered by operating cash flow (50.2%).
Interest Coverage: 6638's interest payments on its debt are well covered by EBIT (22.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:35 |
| End of Day Share Price | 2024/12/20 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
Mimaki Engineering Co., Ltd. is covered by 1 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 |
|---|---|
| Mitsuhiro Osawa | Ichiyoshi Research Institute Inc. |