Miyoshi Balance Sheet Health
Financial Health criteria checks 5/6
Miyoshi has a total shareholder equity of SGD28.5M and total debt of SGD10.0M, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are SGD50.0M and SGD21.6M respectively.
Key information
35.2%
Debt to equity ratio
S$10.02m
Debt
| Interest coverage ratio | n/a |
| Cash | S$3.70m |
| Equity | S$28.46m |
| Total liabilities | S$21.58m |
| Total assets | S$50.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M03's short term assets (SGD21.2M) exceed its short term liabilities (SGD18.0M).
Long Term Liabilities: M03's short term assets (SGD21.2M) exceed its long term liabilities (SGD3.6M).
Debt to Equity History and Analysis
Debt Level: M03's net debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: M03's debt to equity ratio has increased from 12.1% to 35.2% 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: M03 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: M03 has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 0.9% each year.