Miyoshi Balance Sheet Health
Financial Health criteria checks 5/6
Miyoshi has a total shareholder equity of SGD29.1M and total debt of SGD8.2M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are SGD48.0M and SGD19.0M respectively.
Key information
28.3%
Debt to equity ratio
S$8.21m
Debt
| Interest coverage ratio | n/a |
| Cash | S$3.91m |
| Equity | S$29.05m |
| Total liabilities | S$18.98m |
| Total assets | S$48.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M03's short term assets (SGD22.7M) exceed its short term liabilities (SGD16.0M).
Long Term Liabilities: M03's short term assets (SGD22.7M) exceed its long term liabilities (SGD3.0M).
Debt to Equity History and Analysis
Debt Level: M03's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: M03's debt to equity ratio has increased from 13% to 28.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable M03 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: M03 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.7% per year.