Mitsubishi Kakoki Kaisha Balance Sheet Health
Financial Health criteria checks 6/6
Mitsubishi Kakoki Kaisha has a total shareholder equity of ¥35.7B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are ¥64.8B and ¥29.2B respectively. Mitsubishi Kakoki Kaisha's EBIT is ¥4.5B making its interest coverage ratio -27.1. It has cash and short-term investments of ¥13.4B.
Key information
9.3%
Debt to equity ratio
JP¥3.30b
Debt
| Interest coverage ratio | -27.1x |
| Cash | JP¥13.45b |
| Equity | JP¥35.65b |
| Total liabilities | JP¥29.17b |
| Total assets | JP¥64.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6331's short term assets (¥47.8B) exceed its short term liabilities (¥21.4B).
Long Term Liabilities: 6331's short term assets (¥47.8B) exceed its long term liabilities (¥7.8B).
Debt to Equity History and Analysis
Debt Level: 6331 has more cash than its total debt.
Reducing Debt: 6331's debt to equity ratio has reduced from 15.2% to 9.3% over the past 5 years.
Debt Coverage: 6331's debt is well covered by operating cash flow (136.1%).
Interest Coverage: 6331 earns more interest than it pays, so coverage of interest payments is not a concern.