Mitsubishi Electric Balance Sheet Health
Financial Health criteria checks 6/6
Mitsubishi Electric has a total shareholder equity of ¥4,076.4B and total debt of ¥212.8B, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ¥6,375.7B and ¥2,299.3B respectively. Mitsubishi Electric's EBIT is ¥391.9B making its interest coverage ratio -60.9. It has cash and short-term investments of ¥757.3B.
Key information
5.22%
Debt to equity ratio
JP¥212.85b
Debt
| Interest coverage ratio | -60.9x |
| Cash | JP¥757.33b |
| Equity | JP¥4.08t |
| Total liabilities | JP¥2.30t |
| Total assets | JP¥6.38t |
Recent financial health updates
Recent updates
Mitsubishi Electric (TSE:6503) Hasn't Managed To Accelerate Its Returns
May 16
Here's What Analysts Are Forecasting For Mitsubishi Electric Corporation (TSE:6503) After Its Yearly Results
May 01Estimating The Intrinsic Value Of Mitsubishi Electric Corporation (TSE:6503)
Apr 23Mitsubishi Electric's (TSE:6503) Dividend Will Be ¥30.00
Mar 18Optimistic Investors Push Mitsubishi Electric Corporation (TSE:6503) Shares Up 27% But Growth Is Lacking
Mar 17Here's Why We Think Mitsubishi Electric (TSE:6503) Might Deserve Your Attention Today
Mar 17Mitsubishi Electric (TSE:6503) Is Due To Pay A Dividend Of ¥30.00
Mar 04Mitsubishi Electric (TSE:6503) Is Paying Out A Dividend Of ¥30.00
Feb 18Mitsubishi Electric Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Feb 07Mitsubishi Electric (TSE:6503) Has Announced A Dividend Of ¥30.00
Feb 04
Operational Excellence And Renewable Energy Drive Growth Amid Market Challenges
Ongoing efficiency improvements and strategic focus in key segments are anticipated to enhance operational performance and drive consistent revenue growth.Financial Position Analysis
Short Term Liabilities: 6503's short term assets (¥3,747.5B) exceed its short term liabilities (¥1,847.0B).
Long Term Liabilities: 6503's short term assets (¥3,747.5B) exceed its long term liabilities (¥452.3B).
Debt to Equity History and Analysis
Debt Level: 6503 has more cash than its total debt.
Reducing Debt: 6503's debt to equity ratio has reduced from 10.5% to 5.2% over the past 5 years.
Debt Coverage: 6503's debt is well covered by operating cash flow (214.2%).
Interest Coverage: 6503 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/23 08:53 |
| End of Day Share Price | 2025/05/23 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mitsubishi Electric Corporation is covered by 32 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mikio Hirakawa | BofA Global Research |
| Aaron Ho | CFRA Equity Research |
| Yohei Kanazawa | Citigroup Global Markets Japan Inc. |