Micware Co., Ltd. (MWC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2026, filed Jun 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MWC SEC filings page.
Micware Co., Ltd. (MWC) reported $140.3M in revenue for fiscal year 2026. This page shows its 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
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. 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 strong profitability earns a score of 70/100, reflecting efficient cost management and pricing power.
Not available for Micware Co., Ltd., and counted as zero in the overall score.
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 98/100, indicating a strong balance sheet with room for future borrowing.
Micware Co., Ltd.'s current ratio of 1.66 indicates adequate short-term liquidity, earning a score of 48/100. The company can meet its near-term obligations, though with limited headroom.
Micware Co., Ltd. has a free cash flow margin of 8.3%, earning a moderate score of 60/100. The company generates positive cash flow after capital investments, but with room for improvement.
Micware Co., Ltd. earns a strong 20.0% return on equity (ROE), meaning it generates $20 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 81/100.
Micware Co., Ltd. scores 2.44, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
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 $50.50 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
None of these metrics is reported for Q4 2026.
Cash & Balance Sheet
Micware Co., Ltd. held $52.9M in cash against $16.4M in long-term debt as of Q4 2026.
Not reported for Q4 2026.
Not reported for Q4 2026.
Margins & Returns
None of these metrics is reported for Q4 2026.
Capital Allocation
None of these metrics is reported for Q4 2026.
MWC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2620-F |
|---|
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
MWC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2620-F |
|---|---|
| Total Assets | $156.6M |
| Current Assets | $93.0M |
| Cash & Equivalents | $52.9M |
| Short-Term Investments | $0 |
| Inventory | $121K |
| Accounts Receivable | $11.3M |
| Long-Term Investments | $2.0M |
| Goodwill | $1.5M |
| Total Liabilities | $101.4M |
| Current Liabilities | $56.2M |
| Non-Current Liabilities | $45.3M |
| Long-Term Debt | $16.4M |
| Total Equity | $51.3M |
| Retained Earnings | $43.7M |
MWC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2620-F |
|---|
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
MWC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2620-F |
|---|---|
| Current Ratio | 1.66 |
| Debt-to-Equity | 0.32 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Where Micware Co., Ltd. Ranks
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 P/E ratio?
Micware Co., Ltd. (MWC) trades at 9.1x earnings, its market capitalization divided by net income of $10.3M net income, FY2026. The market capitalization is $93.9M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Micware Co., Ltd.'s price-to-sales ratio?
Micware Co., Ltd. (MWC) trades at 0.7x sales, its market capitalization divided by revenue of $140.3M revenue, FY2026. The market capitalization is $93.9M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Micware Co., Ltd.'s Altman Z-Score?
Micware Co., Ltd. (MWC) has an Altman Z-Score of 2.44, placing it in the Grey Zone (moderate 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 50.50x, 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 60 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.