Mitsui O.S.K. Lines Balance Sheet Health
Financial Health criteria checks 3/6
Mitsui O.S.K. Lines has a total shareholder equity of ¥2,292.1B and total debt of ¥1,192.6B, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are ¥3,924.2B and ¥1,632.1B respectively. Mitsui O.S.K. Lines's EBIT is ¥107.5B making its interest coverage ratio -8.1. It has cash and short-term investments of ¥138.7B.
Key information
52.0%
Debt to equity ratio
JP¥1.19t
Debt
Interest coverage ratio | -8.1x |
Cash | JP¥138.70b |
Equity | JP¥2.29t |
Total liabilities | JP¥1.63t |
Total assets | JP¥3.92t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MILA's short term assets (¥538.5B) do not cover its short term liabilities (¥620.7B).
Long Term Liabilities: MILA's short term assets (¥538.5B) do not cover its long term liabilities (¥1,011.4B).
Debt to Equity History and Analysis
Debt Level: MILA's net debt to equity ratio (46%) is considered high.
Reducing Debt: MILA's debt to equity ratio has reduced from 168.2% to 52% over the past 5 years.
Debt Coverage: MILA's debt is well covered by operating cash flow (48.8%).
Interest Coverage: MILA earns more interest than it pays, so coverage of interest payments is not a concern.