Mitsubishi Kakoki Kaisha Balance Sheet Health
Financial Health criteria checks 5/6
Mitsubishi Kakoki Kaisha has a total shareholder equity of ¥33.0B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ¥56.0B and ¥23.0B respectively. Mitsubishi Kakoki Kaisha's EBIT is ¥3.7B making its interest coverage ratio -17.2. It has cash and short-term investments of ¥12.3B.
Key information
10.0%
Debt to equity ratio
JP¥3.30b
Debt
Interest coverage ratio | -17.2x |
Cash | JP¥12.27b |
Equity | JP¥33.05b |
Total liabilities | JP¥22.98b |
Total assets | JP¥56.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6331's short term assets (¥42.0B) exceed its short term liabilities (¥15.5B).
Long Term Liabilities: 6331's short term assets (¥42.0B) exceed its long term liabilities (¥7.5B).
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 10% over the past 5 years.
Debt Coverage: 6331's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6331 earns more interest than it pays, so coverage of interest payments is not a concern.