Mitsubishi Motors Balance Sheet Health
Financial Health criteria checks 5/6
Mitsubishi Motors has a total shareholder equity of ¥1,091.8B and total debt of ¥382.3B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are ¥2,383.7B and ¥1,291.9B respectively. Mitsubishi Motors's EBIT is ¥181.3B making its interest coverage ratio -23.2. It has cash and short-term investments of ¥562.0B.
Key information
35.0%
Debt to equity ratio
JP¥382.32b
Debt
| Interest coverage ratio | -23.2x |
| Cash | JP¥562.03b |
| Equity | JP¥1.09t |
| Total liabilities | JP¥1.29t |
| Total assets | JP¥2.38t |
Recent financial health updates
Is Mitsubishi Motors (TSE:7211) A Risky Investment?
Jul 14
We Think Mitsubishi Motors (TSE:7211) Can Stay On Top Of Its Debt
Apr 11Recent updates
Mitsubishi Motors Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Jul 25Is Mitsubishi Motors (TSE:7211) A Risky Investment?
Jul 14Mitsubishi Motors' (TSE:7211) Soft Earnings Don't Show The Whole Picture
May 21Mitsubishi Motors Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 10Mitsubishi Motors (TSE:7211) Is Experiencing Growth In Returns On Capital
Apr 28We Think Mitsubishi Motors (TSE:7211) Can Stay On Top Of Its Debt
Apr 11Are Investors Undervaluing Mitsubishi Motors Corporation (TSE:7211) By 23%?
Mar 17Financial Position Analysis
Short Term Liabilities: 7211's short term assets (¥1,538.8B) exceed its short term liabilities (¥941.6B).
Long Term Liabilities: 7211's short term assets (¥1,538.8B) exceed its long term liabilities (¥350.2B).
Debt to Equity History and Analysis
Debt Level: 7211 has more cash than its total debt.
Reducing Debt: 7211's debt to equity ratio has increased from 27.3% to 35% over the past 5 years.
Debt Coverage: 7211's debt is well covered by operating cash flow (36.8%).
Interest Coverage: 7211 earns more interest than it pays, so coverage of interest payments is not a concern.