Mitsuba Balance Sheet Health
Financial Health criteria checks 5/6
Mitsuba has a total shareholder equity of ¥110.4B and total debt of ¥154.0B, which brings its debt-to-equity ratio to 139.6%. Its total assets and total liabilities are ¥333.0B and ¥222.6B respectively. Mitsuba's EBIT is ¥24.4B making its interest coverage ratio 305.5. It has cash and short-term investments of ¥91.9B.
Key information
139.6%
Debt to equity ratio
JP¥154.04b
Debt
| Interest coverage ratio | 305.5x |
| Cash | JP¥91.91b |
| Equity | JP¥110.35b |
| Total liabilities | JP¥222.64b |
| Total assets | JP¥332.99b |
Recent financial health updates
No updates
Recent updates
We Think Mitsuba's (TSE:7280) Robust Earnings Are Conservative
Nov 21
Mitsuba (TSE:7280) Is Paying Out A Larger Dividend Than Last Year
Nov 17Mitsuba (TSE:7280) Is Doing The Right Things To Multiply Its Share Price
Sep 09It's Down 25% But Mitsuba Corporation (TSE:7280) Could Be Riskier Than It Looks
Aug 04Not Many Are Piling Into Mitsuba Corporation (TSE:7280) Stock Yet As It Plummets 31%
May 14Investors Met With Slowing Returns on Capital At Mitsuba (TSE:7280)
Mar 20Further Upside For Mitsuba Corporation (TSE:7280) Shares Could Introduce Price Risks After 26% Bounce
Feb 28Financial Position Analysis
Short Term Liabilities: 7280's short term assets (¥207.0B) exceed its short term liabilities (¥150.1B).
Long Term Liabilities: 7280's short term assets (¥207.0B) exceed its long term liabilities (¥72.5B).
Debt to Equity History and Analysis
Debt Level: 7280's net debt to equity ratio (56.3%) is considered high.
Reducing Debt: 7280's debt to equity ratio has reduced from 304.8% to 139.6% over the past 5 years.
Debt Coverage: 7280's debt is well covered by operating cash flow (28.1%).
Interest Coverage: 7280's interest payments on its debt are well covered by EBIT (305.5x coverage).