Makino Milling Machine Balance Sheet Health
Financial Health criteria checks 5/6
Makino Milling Machine has a total shareholder equity of ¥221.6B and total debt of ¥52.6B, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are ¥362.3B and ¥140.8B respectively. Makino Milling Machine's EBIT is ¥16.4B making its interest coverage ratio -19.5. It has cash and short-term investments of ¥72.8B.
Key information
23.7%
Debt to equity ratio
JP¥52.59b
Debt
| Interest coverage ratio | -19.5x |
| Cash | JP¥72.80b |
| Equity | JP¥221.55b |
| Total liabilities | JP¥140.78b |
| Total assets | JP¥362.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MKML.F's short term assets (¥231.6B) exceed its short term liabilities (¥82.1B).
Long Term Liabilities: MKML.F's short term assets (¥231.6B) exceed its long term liabilities (¥58.7B).
Debt to Equity History and Analysis
Debt Level: MKML.F has more cash than its total debt.
Reducing Debt: MKML.F's debt to equity ratio has increased from 21.7% to 23.7% over the past 5 years.
Debt Coverage: MKML.F's debt is well covered by operating cash flow (24.5%).
Interest Coverage: MKML.F earns more interest than it pays, so coverage of interest payments is not a concern.