Mitsubishi Balance Sheet Health
Financial Health criteria checks 6/6
Mitsubishi has a total shareholder equity of ¥10,662.3B and total debt of ¥5,335.5B, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are ¥24,370.9B and ¥13,708.6B respectively. Mitsubishi's EBIT is ¥616.8B making its interest coverage ratio -5.7. It has cash and short-term investments of ¥1,413.9B.
Key information
50.0%
Debt to equity ratio
JP¥5.34t
Debt
| Interest coverage ratio | -5.7x |
| Cash | JP¥1.41t |
| Equity | JP¥10.66t |
| Total liabilities | JP¥13.71t |
| Total assets | JP¥24.37t |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MBI0's short term assets (¥11,799.2B) exceed its short term liabilities (¥8,294.7B).
Long Term Liabilities: MBI0's short term assets (¥11,799.2B) exceed its long term liabilities (¥5,414.0B).
Debt to Equity History and Analysis
Debt Level: MBI0's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: MBI0's debt to equity ratio has reduced from 81.7% to 50% over the past 5 years.
Debt Coverage: MBI0's debt is well covered by operating cash flow (22.5%).
Interest Coverage: MBI0 earns more interest than it pays, so coverage of interest payments is not a concern.