Micware Co., Ltd. Financials
This page shows Micware Co., Ltd. (MWC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Micware Co., Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Micware Co., Ltd. has an operating margin of 10.8%, meaning the company retains $11 of operating profit per $100 of revenue. This results in a moderate score of 46/100, indicating healthy but not exceptional operating efficiency.
Micware Co., Ltd. carries a low D/E ratio of 0.32, meaning only $0.32 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
Micware Co., Ltd.'s current ratio of 1.66 is below the typical benchmark, resulting in a score of 29/100. However, the company holds substantial cash reserves (94% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
Micware Co., Ltd. has a free cash flow margin of 8.3%, earning a moderate score of 46/100. The company generates positive cash flow after capital investments, but with room for improvement.
Micware Co., Ltd.'s ROE of 20.0% shows moderate profitability relative to equity, earning a score of 56/100.
Micware Co., Ltd. scores 3.07, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
For every $1 of reported earnings, Micware Co., Ltd. generates $1.29 in operating cash flow ($13.3M OCF vs $10.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Micware Co., Ltd. earns $50.5 in operating income for every $1 of interest expense ($15.1M vs $300K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Micware Co., Ltd. generated $140.3M in revenue in fiscal year 2026.
Micware Co., Ltd.'s EBITDA was $17.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
Micware Co., Ltd. reported $10.3M in net income in fiscal year 2026.
Cash & Balance Sheet
Micware Co., Ltd. generated $11.6M in free cash flow in fiscal year 2026, representing cash available after capex.
Micware Co., Ltd. held $52.9M in cash against $16.4M in long-term debt as of fiscal year 2026.
Micware Co., Ltd. had 56M shares outstanding in fiscal year 2026.
Margins & Returns
Micware Co., Ltd.'s gross margin was 36.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs.
Micware Co., Ltd.'s operating margin was 10.8% in fiscal year 2026, reflecting core business profitability.
Micware Co., Ltd.'s net profit margin was 7.3% in fiscal year 2026, showing the share of revenue converted to profit.
Micware Co., Ltd.'s ROE was 20.0% in fiscal year 2026, measuring profit generated per dollar of shareholder equity.
Capital Allocation
Micware Co., Ltd. invested $9.8M in research and development in fiscal year 2026.
Micware Co., Ltd. invested $1.7M in capex in fiscal year 2026, funding long-term assets and infrastructure.
MWC Income Statement
| Metric | Q4'26 |
|---|---|
| Revenue | N/A |
| Cost of Revenue | N/A |
| Gross Profit | N/A |
| R&D Expenses | N/A |
| SG&A Expenses | N/A |
| Operating Income | N/A |
| Interest Expense | N/A |
| Income Tax | N/A |
| Net Income | N/A |
| EPS (Diluted) | N/A |
MWC Balance Sheet
| Metric | Q4'26 |
|---|---|
| Total Assets | $156.6M |
| Current Assets | $93.0M |
| Cash & Equivalents | $52.9M |
| Inventory | $121K |
| Accounts Receivable | $11.3M |
| Goodwill | $1.5M |
| Total Liabilities | $101.4M |
| Current Liabilities | $56.2M |
| Long-Term Debt | $16.4M |
| Total Equity | $51.3M |
| Retained Earnings | $43.7M |
MWC Cash Flow Statement
| Metric | Q4'26 |
|---|---|
| Operating Cash Flow | N/A |
| Capital Expenditures | N/A |
| Free Cash Flow | N/A |
| Investing Cash Flow | N/A |
| Financing Cash Flow | N/A |
| Dividends Paid | N/A |
| Share Buybacks | N/A |
MWC Financial Ratios
| Metric | Q4'26 |
|---|---|
| Gross Margin | N/A |
| Operating Margin | N/A |
| Net Margin | N/A |
| Return on Equity | N/A |
| Return on Assets | N/A |
| Current Ratio | 1.66 |
| Debt-to-Equity | 0.32 |
| FCF Margin | N/A |
Frequently Asked Questions
What is Micware Co., Ltd.'s annual revenue?
Micware Co., Ltd. (MWC) reported $140.3M in total revenue for fiscal year 2026. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Micware Co., Ltd. profitable?
Yes, Micware Co., Ltd. (MWC) reported a net income of $10.3M in fiscal year 2026, with a net profit margin of 7.3%.
What is Micware Co., Ltd.'s EBITDA?
Micware Co., Ltd. (MWC) had EBITDA of $17.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Micware Co., Ltd. have?
As of fiscal year 2026, Micware Co., Ltd. (MWC) had $52.9M in cash and equivalents against $16.4M in long-term debt.
What is Micware Co., Ltd.'s gross margin?
Micware Co., Ltd. (MWC) had a gross margin of 36.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Micware Co., Ltd.'s operating margin?
Micware Co., Ltd. (MWC) had an operating margin of 10.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Micware Co., Ltd.'s net profit margin?
Micware Co., Ltd. (MWC) had a net profit margin of 7.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Micware Co., Ltd.'s return on equity (ROE)?
Micware Co., Ltd. (MWC) has a return on equity of 20.0% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Micware Co., Ltd.'s free cash flow?
Micware Co., Ltd. (MWC) generated $11.6M in free cash flow during fiscal year 2026. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Micware Co., Ltd.'s operating cash flow?
Micware Co., Ltd. (MWC) generated $13.3M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Micware Co., Ltd.'s total assets?
Micware Co., Ltd. (MWC) had $156.6M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Micware Co., Ltd.'s capital expenditures?
Micware Co., Ltd. (MWC) invested $1.7M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Micware Co., Ltd. spend on research and development?
Micware Co., Ltd. (MWC) invested $9.8M in research and development during fiscal year 2026.
What is Micware Co., Ltd.'s current ratio?
Micware Co., Ltd. (MWC) had a current ratio of 1.66 as of fiscal year 2026, which is generally considered healthy.
What is Micware Co., Ltd.'s debt-to-equity ratio?
Micware Co., Ltd. (MWC) had a debt-to-equity ratio of 0.32 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Micware Co., Ltd.'s return on assets (ROA)?
Micware Co., Ltd. (MWC) had a return on assets of 6.6% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Micware Co., Ltd.'s Altman Z-Score?
Micware Co., Ltd. (MWC) has an Altman Z-Score of 3.07, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Are Micware Co., Ltd.'s earnings high quality?
Micware Co., Ltd. (MWC) has an earnings quality ratio of 1.29x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Micware Co., Ltd. cover its interest payments?
Micware Co., Ltd. (MWC) has an interest coverage ratio of 50.5x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Micware Co., Ltd.?
Micware Co., Ltd. (MWC) scores 45 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.