Mitsuba Balance Sheet Health
Financial Health criteria checks 5/6
Mitsuba has a total shareholder equity of ¥105.0B and total debt of ¥164.4B, which brings its debt-to-equity ratio to 156.5%. Its total assets and total liabilities are ¥338.7B and ¥233.7B respectively. Mitsuba's EBIT is ¥17.6B making its interest coverage ratio 53.6. It has cash and short-term investments of ¥87.1B.
Key information
156.5%
Debt to equity ratio
JP¥164.37b
Debt
Interest coverage ratio | 53.6x |
Cash | JP¥87.12b |
Equity | JP¥105.04b |
Total liabilities | JP¥233.68b |
Total assets | JP¥338.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7280's short term assets (¥208.0B) exceed its short term liabilities (¥143.9B).
Long Term Liabilities: 7280's short term assets (¥208.0B) exceed its long term liabilities (¥89.7B).
Debt to Equity History and Analysis
Debt Level: 7280's net debt to equity ratio (73.6%) is considered high.
Reducing Debt: 7280's debt to equity ratio has reduced from 223.1% to 156.5% over the past 5 years.
Debt Coverage: 7280's debt is well covered by operating cash flow (25.3%).
Interest Coverage: 7280's interest payments on its debt are well covered by EBIT (53.6x coverage).