MIRARTH HOLDINGSInc Balance Sheet Health
Financial Health criteria checks 4/6
MIRARTH HOLDINGSInc has a total shareholder equity of ¥80.8B and total debt of ¥215.3B, which brings its debt-to-equity ratio to 266.3%. Its total assets and total liabilities are ¥337.5B and ¥256.7B respectively. MIRARTH HOLDINGSInc's EBIT is ¥16.4B making its interest coverage ratio 6.1. It has cash and short-term investments of ¥42.6B.
Key information
266.3%
Debt to equity ratio
JP¥215.30b
Debt
| Interest coverage ratio | 6.1x |
| Cash | JP¥42.59b |
| Equity | JP¥80.84b |
| Total liabilities | JP¥256.69b |
| Total assets | JP¥337.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKLL.F's short term assets (¥188.8B) exceed its short term liabilities (¥125.8B).
Long Term Liabilities: TKLL.F's short term assets (¥188.8B) exceed its long term liabilities (¥130.9B).
Debt to Equity History and Analysis
Debt Level: TKLL.F's net debt to equity ratio (213.6%) is considered high.
Reducing Debt: TKLL.F's debt to equity ratio has reduced from 284.9% to 266.3% over the past 5 years.
Debt Coverage: TKLL.F's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: TKLL.F's interest payments on its debt are well covered by EBIT (6.1x coverage).