MIRAIT ONE Balance Sheet Health
Financial Health criteria checks 5/6
MIRAIT ONE has a total shareholder equity of ¥256.8B and total debt of ¥76.7B, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are ¥465.6B and ¥208.7B respectively. MIRAIT ONE's EBIT is ¥18.4B making its interest coverage ratio -38.8. It has cash and short-term investments of ¥65.0B.
Key information
29.9%
Debt to equity ratio
JP¥76.73b
Debt
| Interest coverage ratio | -38.8x |
| Cash | JP¥65.04b |
| Equity | JP¥256.84b |
| Total liabilities | JP¥208.73b |
| Total assets | JP¥465.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRHL.F's short term assets (¥251.6B) exceed its short term liabilities (¥142.8B).
Long Term Liabilities: MRHL.F's short term assets (¥251.6B) exceed its long term liabilities (¥65.9B).
Debt to Equity History and Analysis
Debt Level: MRHL.F's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: MRHL.F's debt to equity ratio has increased from 8.6% to 29.9% over the past 5 years.
Debt Coverage: MRHL.F's debt is well covered by operating cash flow (43.8%).
Interest Coverage: MRHL.F earns more interest than it pays, so coverage of interest payments is not a concern.