Meiko Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Meiko Electronics has a total shareholder equity of ¥94.9B and total debt of ¥86.7B, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are ¥229.6B and ¥134.7B respectively. Meiko Electronics's EBIT is ¥9.9B making its interest coverage ratio 19.3. It has cash and short-term investments of ¥23.0B.
Key information
91.3%
Debt to equity ratio
JP¥86.68b
Debt
| Interest coverage ratio | 19.3x |
| Cash | JP¥23.03b |
| Equity | JP¥94.89b |
| Total liabilities | JP¥134.74b |
| Total assets | JP¥229.63b |
Recent financial health updates
Does Meiko Electronics (TYO:6787) Have A Healthy Balance Sheet?
Mar 23
Here's Why Meiko Electronics (TYO:6787) Is Weighed Down By Its Debt Load
Dec 14Recent updates
Some 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 26What Does Meiko Electronics Co., Ltd.'s (TYO:6787) Share Price Indicate?
Jan 13Is Meiko Electronics Co., Ltd. (TYO:6787) A Risky Dividend Stock?
Dec 29Here's Why Meiko Electronics (TYO:6787) Is Weighed Down By Its Debt Load
Dec 14Here’s What’s Happening With Returns At Meiko Electronics (TYO:6787)
Nov 30Financial Position Analysis
Short Term Liabilities: 6787's short term assets (¥107.9B) exceed its short term liabilities (¥89.3B).
Long Term Liabilities: 6787's short term assets (¥107.9B) exceed its long term liabilities (¥45.4B).
Debt to Equity History and Analysis
Debt Level: 6787's net debt to equity ratio (67.1%) is considered high.
Reducing Debt: 6787's debt to equity ratio has reduced from 175.4% to 91.3% over the past 5 years.
Debt Coverage: 6787's debt is well covered by operating cash flow (27.6%).
Interest Coverage: 6787's interest payments on its debt are well covered by EBIT (19.3x coverage).