Mitsuchi Balance Sheet Health
Financial Health criteria checks 6/6
Mitsuchi has a total shareholder equity of ¥9.8B and total debt of ¥3.6B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are ¥16.4B and ¥6.7B respectively. Mitsuchi's EBIT is ¥445.0M making its interest coverage ratio 222.5. It has cash and short-term investments of ¥4.2B.
Key information
36.3%
Debt to equity ratio
JP¥3.55b
Debt
Interest coverage ratio | 222.5x |
Cash | JP¥4.22b |
Equity | JP¥9.78b |
Total liabilities | JP¥6.67b |
Total assets | JP¥16.45b |
Recent financial health updates
Is Mitsuchi (TSE:3439) Using Too Much Debt?
Aug 02Mitsuchi (TYO:3439) Has A Somewhat Strained Balance Sheet
May 02Mitsuchi (TYO:3439) Is Carrying A Fair Bit Of Debt
Jan 25Recent updates
Is Mitsuchi (TSE:3439) Using Too Much Debt?
Aug 02Mitsuchi (TYO:3439) Has A Somewhat Strained Balance Sheet
May 02Do Investors Have Good Reason To Be Wary Of Mitsuchi Corporation's (TYO:3439) 1.0% Dividend Yield?
Mar 01Mitsuchi (TYO:3439) Is Carrying A Fair Bit Of Debt
Jan 25Should Mitsuchi (TYO:3439) Be Disappointed With Their 17% Profit?
Dec 04Financial Position Analysis
Short Term Liabilities: 3439's short term assets (¥10.3B) exceed its short term liabilities (¥4.8B).
Long Term Liabilities: 3439's short term assets (¥10.3B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 3439 has more cash than its total debt.
Reducing Debt: 3439's debt to equity ratio has reduced from 47.2% to 36.3% over the past 5 years.
Debt Coverage: 3439's debt is well covered by operating cash flow (29.6%).
Interest Coverage: 3439's interest payments on its debt are well covered by EBIT (222.5x coverage).