P.S. Mitsubishi Construction Balance Sheet Health
Financial Health criteria checks 5/6
P.S. Mitsubishi Construction has a total shareholder equity of ¥49.3B and total debt of ¥20.2B, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are ¥113.5B and ¥64.2B respectively. P.S. Mitsubishi Construction's EBIT is ¥6.9B making its interest coverage ratio 46.4. It has cash and short-term investments of ¥9.2B.
Key information
40.9%
Debt to equity ratio
JP¥20.16b
Debt
Interest coverage ratio | 46.4x |
Cash | JP¥9.20b |
Equity | JP¥49.34b |
Total liabilities | JP¥64.16b |
Total assets | JP¥113.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1871's short term assets (¥88.7B) exceed its short term liabilities (¥48.2B).
Long Term Liabilities: 1871's short term assets (¥88.7B) exceed its long term liabilities (¥15.9B).
Debt to Equity History and Analysis
Debt Level: 1871's net debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: 1871's debt to equity ratio has reduced from 52.4% to 40.9% over the past 5 years.
Debt Coverage: 1871's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: 1871's interest payments on its debt are well covered by EBIT (46.4x coverage).