Micronics Japan Balance Sheet Health
Financial Health criteria checks 6/6
Micronics Japan has a total shareholder equity of ¥41.8B and total debt of ¥952.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ¥58.5B and ¥16.7B respectively. Micronics Japan's EBIT is ¥5.8B making its interest coverage ratio -59.1. It has cash and short-term investments of ¥19.0B.
Key information
2.3%
Debt to equity ratio
JP¥952.00m
Debt
| Interest coverage ratio | -59.1x |
| Cash | JP¥19.05b |
| Equity | JP¥41.78b |
| Total liabilities | JP¥16.75b |
| Total assets | JP¥58.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MJPN.F's short term assets (¥36.2B) exceed its short term liabilities (¥14.3B).
Long Term Liabilities: MJPN.F's short term assets (¥36.2B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: MJPN.F has more cash than its total debt.
Reducing Debt: MJPN.F's debt to equity ratio has reduced from 8.1% to 2.3% over the past 5 years.
Debt Coverage: MJPN.F's debt is well covered by operating cash flow (508.1%).
Interest Coverage: MJPN.F earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/09 11:33 |
| End of Day Share Price | 2024/03/12 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Micronics Japan Co., Ltd. is covered by 12 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christian Dinwoodie | CLSA |
| Daisuke Tanimoto | Credit Suisse |
| Hirokazu Mitsuda | Daiwa Securities Co. Ltd. |