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MIRAI (TSE:3476) Debt-to-Revenue : 6.78 (As of Apr. 2023)


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What is MIRAI Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

MIRAI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2023 was 円21,500 Mil. MIRAI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2023 was 円64,000 Mil. MIRAI's annualized Revenue for the quarter that ended in Apr. 2023 was 円12,618 Mil. MIRAI's annualized Debt-to-Revenue for the quarter that ended in Apr. 2023 was 6.78.


MIRAI Debt-to-Revenue Historical Data

The historical data trend for MIRAI's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MIRAI Debt-to-Revenue Chart

MIRAI Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Debt-to-Revenue
Get a 7-Day Free Trial 7.67 7.25 7.00 7.80 7.68

MIRAI Semi-Annual Data
May16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.91 7.70 7.96 7.41 6.78

Competitive Comparison of MIRAI's Debt-to-Revenue

For the REIT - Diversified subindustry, MIRAI's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MIRAI's Debt-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, MIRAI's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where MIRAI's Debt-to-Revenue falls into.



MIRAI Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

MIRAI's Debt-to-Revenue for the fiscal year that ended in Oct. 2022 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(10500 + 73500) / 10941.393
=7.68

MIRAI's annualized Debt-to-Revenue for the quarter that ended in Apr. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(21500 + 64000) / 12617.924
=6.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Apr. 2023) Revenue data.


MIRAI Debt-to-Revenue Related Terms

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MIRAI (TSE:3476) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, No. 1, Nishikamada, Chiyoda-ku, Tokyo, JPN, 101-0065
MIRAI Corp is a Japanese real estate investment trust. The company invests in diversified portfolio of real estate properties including office buildings, retail properties and hotel.

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