Mitsubishi Balance Sheet Health
Financial Health criteria checks 6/6
Mitsubishi has a total shareholder equity of ¥10,025.4B and total debt of ¥4,818.2B, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are ¥21,131.3B and ¥11,105.9B respectively. Mitsubishi's EBIT is ¥557.9B making its interest coverage ratio -3.8. It has cash and short-term investments of ¥1,340.5B.
Key information
48.1%
Debt to equity ratio
JP¥4.82t
Debt
| Interest coverage ratio | -3.8x |
| Cash | JP¥1.34t |
| Equity | JP¥10.03t |
| Total liabilities | JP¥11.11t |
| Total assets | JP¥21.13t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBI0's short term assets (¥8,482.8B) exceed its short term liabilities (¥5,822.7B).
Long Term Liabilities: MBI0's short term assets (¥8,482.8B) exceed its long term liabilities (¥5,283.2B).
Debt to Equity History and Analysis
Debt Level: MBI0's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: MBI0's debt to equity ratio has reduced from 81.4% to 48.1% over the past 5 years.
Debt Coverage: MBI0's debt is well covered by operating cash flow (33.3%).
Interest Coverage: MBI0 earns more interest than it pays, so coverage of interest payments is not a concern.