Makino Milling Machine Balance Sheet Health
Financial Health criteria checks 4/6
Makino Milling Machine has a total shareholder equity of ¥208.6B and total debt of ¥52.3B, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are ¥346.9B and ¥138.3B respectively. Makino Milling Machine's EBIT is ¥18.0B making its interest coverage ratio -22.3. It has cash and short-term investments of ¥67.9B.
Key information
25.0%
Debt to equity ratio
JP¥52.26b
Debt
Interest coverage ratio | -22.3x |
Cash | JP¥67.94b |
Equity | JP¥208.64b |
Total liabilities | JP¥138.27b |
Total assets | JP¥346.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MKML.F's short term assets (¥223.2B) exceed its short term liabilities (¥80.2B).
Long Term Liabilities: MKML.F's short term assets (¥223.2B) exceed its long term liabilities (¥58.1B).
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 24.5% to 25% over the past 5 years.
Debt Coverage: MKML.F's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: MKML.F earns more interest than it pays, so coverage of interest payments is not a concern.