Mitsui Matsushima Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Mitsui Matsushima Holdings has a total shareholder equity of ¥68.4B and total debt of ¥8.8B, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are ¥103.7B and ¥35.4B respectively. Mitsui Matsushima Holdings's EBIT is ¥32.8B making its interest coverage ratio -44.6. It has cash and short-term investments of ¥38.7B.
Key information
12.8%
Debt to equity ratio
JP¥8.77b
Debt
Interest coverage ratio | -44.6x |
Cash | JP¥38.73b |
Equity | JP¥68.36b |
Total liabilities | JP¥35.35b |
Total assets | JP¥103.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1518's short term assets (¥69.9B) exceed its short term liabilities (¥23.9B).
Long Term Liabilities: 1518's short term assets (¥69.9B) exceed its long term liabilities (¥11.5B).
Debt to Equity History and Analysis
Debt Level: 1518 has more cash than its total debt.
Reducing Debt: 1518's debt to equity ratio has reduced from 33.7% to 12.8% over the past 5 years.
Debt Coverage: 1518's debt is well covered by operating cash flow (354%).
Interest Coverage: 1518 earns more interest than it pays, so coverage of interest payments is not a concern.