Mitsubishi Paper Mills Balance Sheet Health
Financial Health criteria checks 3/6
Mitsubishi Paper Mills has a total shareholder equity of ¥89.6B and total debt of ¥79.9B, which brings its debt-to-equity ratio to 89.2%. Its total assets and total liabilities are ¥221.7B and ¥132.1B respectively. Mitsubishi Paper Mills's EBIT is ¥4.3B making its interest coverage ratio 8.5. It has cash and short-term investments of ¥4.8B.
Key information
89.2%
Debt to equity ratio
JP¥79.92b
Debt
| Interest coverage ratio | 8.5x |
| Cash | JP¥4.83b |
| Equity | JP¥89.58b |
| Total liabilities | JP¥132.07b |
| Total assets | JP¥221.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPX's short term assets (¥91.1B) do not cover its short term liabilities (¥95.0B).
Long Term Liabilities: MPX's short term assets (¥91.1B) exceed its long term liabilities (¥37.0B).
Debt to Equity History and Analysis
Debt Level: MPX's net debt to equity ratio (83.8%) is considered high.
Reducing Debt: MPX's debt to equity ratio has reduced from 161.2% to 89.2% over the past 5 years.
Debt Coverage: MPX's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: MPX's interest payments on its debt are well covered by EBIT (8.5x coverage).