Mizuno Balance Sheet Health
Financial Health criteria checks 6/6
Mizuno has a total shareholder equity of ¥142.1B and total debt of ¥12.7B, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ¥206.2B and ¥64.1B respectively. Mizuno's EBIT is ¥17.3B making its interest coverage ratio -129.9. It has cash and short-term investments of ¥32.0B.
Key information
8.9%
Debt to equity ratio
JP¥12.66b
Debt
| Interest coverage ratio | -129.9x |
| Cash | JP¥31.96b |
| Equity | JP¥142.06b |
| Total liabilities | JP¥64.09b |
| Total assets | JP¥206.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIZU.F's short term assets (¥138.7B) exceed its short term liabilities (¥44.5B).
Long Term Liabilities: MIZU.F's short term assets (¥138.7B) exceed its long term liabilities (¥19.6B).
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 21.3% to 8.9% over the past 5 years.
Debt Coverage: MIZU.F's debt is well covered by operating cash flow (169.1%).
Interest Coverage: MIZU.F earns more interest than it pays, so coverage of interest payments is not a concern.