Mizuno Balance Sheet Health
Financial Health criteria checks 5/6
Mizuno has a total shareholder equity of ¥139.0B and total debt of ¥13.7B, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are ¥195.6B and ¥56.6B respectively. Mizuno's EBIT is ¥16.5B making its interest coverage ratio 2361.1. It has cash and short-term investments of ¥28.6B.
Key information
9.8%
Debt to equity ratio
JP¥13.68b
Debt
Interest coverage ratio | 2361.1x |
Cash | JP¥28.62b |
Equity | JP¥138.99b |
Total liabilities | JP¥56.59b |
Total assets | JP¥195.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIZU.F's short term assets (¥130.8B) exceed its short term liabilities (¥37.1B).
Long Term Liabilities: MIZU.F's short term assets (¥130.8B) exceed its long term liabilities (¥19.5B).
Debt to Equity History and Analysis
Debt Level: MIZU.F has more cash than its total debt.
Reducing Debt: MIZU.F's debt to equity ratio has reduced from 22.1% to 9.8% over the past 5 years.
Debt Coverage: MIZU.F's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: MIZU.F's interest payments on its debt are well covered by EBIT (2361.1x coverage).