Mitsuboshi Belting Balance Sheet Health
Financial Health criteria checks 5/6
Mitsuboshi Belting has a total shareholder equity of ¥91.0B and total debt of ¥6.8B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ¥126.7B and ¥35.6B respectively. Mitsuboshi Belting's EBIT is ¥8.0B making its interest coverage ratio -10.1. It has cash and short-term investments of ¥32.3B.
Key information
7.4%
Debt to equity ratio
JP¥6.78b
Debt
Interest coverage ratio | -10.1x |
Cash | JP¥32.29b |
Equity | JP¥91.03b |
Total liabilities | JP¥35.63b |
Total assets | JP¥126.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5192's short term assets (¥75.6B) exceed its short term liabilities (¥22.3B).
Long Term Liabilities: 5192's short term assets (¥75.6B) exceed its long term liabilities (¥13.3B).
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 increased from 6.6% to 7.4% over the past 5 years.
Debt Coverage: 5192's debt is well covered by operating cash flow (154.8%).
Interest Coverage: 5192 earns more interest than it pays, so coverage of interest payments is not a concern.