Meiko Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Meiko Electronics has a total shareholder equity of ¥104.2B and total debt of ¥89.7B, which brings its debt-to-equity ratio to 86.1%. Its total assets and total liabilities are ¥240.5B and ¥136.3B respectively. Meiko Electronics's EBIT is ¥16.8B making its interest coverage ratio 51.2. It has cash and short-term investments of ¥28.2B.
Key information
86.1%
Debt to equity ratio
JP¥89.73b
Debt
| Interest coverage ratio | 51.2x |
| Cash | JP¥28.17b |
| Equity | JP¥104.17b |
| Total liabilities | JP¥136.33b |
| Total assets | JP¥240.50b |
Recent financial health updates
Meiko Electronics (TSE:6787) Seems To Use Debt Quite Sensibly
Jun 04
Does Meiko Electronics (TYO:6787) Have A Healthy Balance Sheet?
Mar 23Recent updates
When Should You Buy Meiko Electronics Co., Ltd. (TSE:6787)?
Nov 23Market Participants Recognise Meiko Electronics Co., Ltd.'s (TSE:6787) Earnings Pushing Shares 31% Higher
Nov 10Slowing Rates Of Return At Meiko Electronics (TSE:6787) Leave Little Room For Excitement
Nov 05Are Investors Undervaluing Meiko Electronics Co., Ltd. (TSE:6787) By 30%?
Oct 04If EPS Growth Is Important To You, Meiko Electronics (TSE:6787) Presents An Opportunity
Aug 31Meiko Electronics (TSE:6787) Has Announced A Dividend Of ¥36.00
Aug 19Take Care Before Jumping Onto Meiko Electronics Co., Ltd. (TSE:6787) Even Though It's 26% Cheaper
Aug 02Meiko Electronics (TSE:6787) Has Announced A Dividend Of ¥36.00
Jul 26Meiko Electronics' (TSE:6787) Dividend Will Be ¥36.00
Jul 12Calculating The Intrinsic Value Of Meiko Electronics Co., Ltd. (TSE:6787)
Jul 04Meiko Electronics (TSE:6787) Seems To Use Debt Quite Sensibly
Jun 04The Market Lifts Meiko Electronics Co., Ltd. (TSE:6787) Shares 32% But It Can Do More
May 21Some Investors May Be Worried About Meiko Electronics' (TSE:6787) Returns On Capital
Apr 19Meiko Electronics' (TSE:6787) Dividend Will Be Increased To ¥30.00
Mar 03Meiko Electronics Co., Ltd. (TSE:6787) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Mar 02What Does Meiko Electronics Co., Ltd.'s (TYO:6787) Share Price Indicate?
May 04Is Meiko Electronics Co., Ltd. (TYO:6787) An Attractive Dividend Stock?
Apr 13Does Meiko Electronics (TYO:6787) Have A Healthy Balance Sheet?
Mar 23What Kind Of Investors Own Most Of Meiko Electronics Co., Ltd. (TYO:6787)?
Mar 02Should You Be Concerned About Meiko Electronics Co., Ltd.'s (TYO:6787) ROE?
Feb 09
Meiko Electronics (TYO:6787) Has Rewarded Shareholders With An Exceptional 609% Total Return On Their Investment
Jan 26Financial Position Analysis
Short Term Liabilities: 6787's short term assets (¥114.5B) do not cover its short term liabilities (¥114.5B).
Long Term Liabilities: 6787's short term assets (¥114.5B) exceed its long term liabilities (¥21.8B).
Debt to Equity History and Analysis
Debt Level: 6787's net debt to equity ratio (59.1%) is considered high.
Reducing Debt: 6787's debt to equity ratio has reduced from 198.3% to 86.1% over the past 5 years.
Debt Coverage: 6787's debt is well covered by operating cash flow (22.6%).
Interest Coverage: 6787's interest payments on its debt are well covered by EBIT (51.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:42 |
| End of Day Share Price | 2024/12/23 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
Meiko Electronics Co., Ltd. is covered by 11 analysts. 4 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 |
|---|---|
| Masashi Kubota | BofA Global Research |
| Takeshi Fukuyama | Daiwa Securities Co. Ltd. |
| Koichi Hariya | Ichiyoshi Research Institute Inc. |