Mitsubishi Paper Mills Balance Sheet Health
Financial Health criteria checks 3/6
Mitsubishi Paper Mills has a total shareholder equity of ¥72.3B and total debt of ¥94.1B, which brings its debt-to-equity ratio to 130.2%. Its total assets and total liabilities are ¥223.1B and ¥150.8B respectively. Mitsubishi Paper Mills's EBIT is ¥5.2B making its interest coverage ratio 25.8. It has cash and short-term investments of ¥10.4B.
Key information
130.2%
Debt to equity ratio
JP¥94.13b
Debt
Interest coverage ratio | 25.8x |
Cash | JP¥10.41b |
Equity | JP¥72.30b |
Total liabilities | JP¥150.80b |
Total assets | JP¥223.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPX's short term assets (¥107.0B) do not cover its short term liabilities (¥115.3B).
Long Term Liabilities: MPX's short term assets (¥107.0B) exceed its long term liabilities (¥35.5B).
Debt to Equity History and Analysis
Debt Level: MPX's net debt to equity ratio (115.8%) is considered high.
Reducing Debt: MPX's debt to equity ratio has reduced from 197.7% to 130.2% over the past 5 years.
Debt Coverage: MPX's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: MPX's interest payments on its debt are well covered by EBIT (25.8x coverage).