Meitec Balance Sheet Health
Financial Health criteria checks 6/6
Meitec has a total shareholder equity of ¥44.1B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥77.5B and ¥33.4B respectively. Meitec's EBIT is ¥15.6B making its interest coverage ratio -15641. It has cash and short-term investments of ¥44.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -15641x |
Cash | JP¥44.08b |
Equity | JP¥44.06b |
Total liabilities | JP¥33.40b |
Total assets | JP¥77.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEIT.F's short term assets (¥63.0B) exceed its short term liabilities (¥16.4B).
Long Term Liabilities: MEIT.F's short term assets (¥63.0B) exceed its long term liabilities (¥17.0B).
Debt to Equity History and Analysis
Debt Level: MEIT.F is debt free.
Reducing Debt: MEIT.F has not had any debt for past 5 years.
Debt Coverage: MEIT.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MEIT.F has no debt, therefore coverage of interest payments is not a concern.