Mitsuboshi Belting Balance Sheet Health
Financial Health criteria checks 6/6
Mitsuboshi Belting has a total shareholder equity of ¥94.4B and total debt of ¥5.8B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ¥127.2B and ¥32.8B respectively. Mitsuboshi Belting's EBIT is ¥8.2B making its interest coverage ratio -10. It has cash and short-term investments of ¥35.0B.
Key information
6.1%
Debt to equity ratio
JP¥5.80b
Debt
| Interest coverage ratio | -10x |
| Cash | JP¥34.96b |
| Equity | JP¥94.40b |
| Total liabilities | JP¥32.82b |
| Total assets | JP¥127.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5192's short term assets (¥79.1B) exceed its short term liabilities (¥21.9B).
Long Term Liabilities: 5192's short term assets (¥79.1B) exceed its long term liabilities (¥11.0B).
Debt to Equity History and Analysis
Debt Level: 5192 has more cash than its total debt.
Reducing Debt: 5192's debt to equity ratio has reduced from 10.9% to 6.1% over the past 5 years.
Debt Coverage: 5192's debt is well covered by operating cash flow (155.5%).
Interest Coverage: 5192 earns more interest than it pays, so coverage of interest payments is not a concern.