Mitsubishi Kakoki Kaisha Balance Sheet Health
Financial Health criteria checks 6/6
Mitsubishi Kakoki Kaisha has a total shareholder equity of ¥34.6B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are ¥63.2B and ¥28.6B respectively. Mitsubishi Kakoki Kaisha's EBIT is ¥4.4B making its interest coverage ratio -20.7. It has cash and short-term investments of ¥15.2B.
Key information
9.5%
Debt to equity ratio
JP¥3.30b
Debt
Interest coverage ratio | -20.7x |
Cash | JP¥15.18b |
Equity | JP¥34.58b |
Total liabilities | JP¥28.59b |
Total assets | JP¥63.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 893's short term assets (¥48.3B) exceed its short term liabilities (¥20.9B).
Long Term Liabilities: 893's short term assets (¥48.3B) exceed its long term liabilities (¥7.7B).
Debt to Equity History and Analysis
Debt Level: 893 has more cash than its total debt.
Reducing Debt: 893's debt to equity ratio has reduced from 17% to 9.5% over the past 5 years.
Debt Coverage: 893's debt is well covered by operating cash flow (41.2%).
Interest Coverage: 893 earns more interest than it pays, so coverage of interest payments is not a concern.