Mitsubishi Heavy Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mitsubishi Heavy Industries has a total shareholder equity of ¥2,377.1B and total debt of ¥1,382.0B, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are ¥6,477.1B and ¥4,100.0B respectively. Mitsubishi Heavy Industries's EBIT is ¥340.1B making its interest coverage ratio 6.2. It has cash and short-term investments of ¥535.8B.
Key information
58.1%
Debt to equity ratio
JP¥1.38t
Debt
| Interest coverage ratio | 6.2x |
| Cash | JP¥535.84b |
| Equity | JP¥2.38t |
| Total liabilities | JP¥4.10t |
| Total assets | JP¥6.48t |
Recent financial health updates
These 4 Measures Indicate That Mitsubishi Heavy Industries (TSE:7011) Is Using Debt Reasonably Well
Dec 03
We Think Mitsubishi Heavy Industries (TSE:7011) Can Stay On Top Of Its Debt
May 27Recent updates
Does Mitsubishi Heavy Industries (TSE:7011) Deserve A Spot On Your Watchlist?
Dec 19These 4 Measures Indicate That Mitsubishi Heavy Industries (TSE:7011) Is Using Debt Reasonably Well
Dec 03Mitsubishi Heavy Industries, Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 07Calculating The Fair Value Of Mitsubishi Heavy Industries, Ltd. (TSE:7011)
Oct 31Why Investors Shouldn't Be Surprised By Mitsubishi Heavy Industries, Ltd.'s (TSE:7011) 27% Share Price Surge
Oct 16Why Investors Shouldn't Be Surprised By Mitsubishi Heavy Industries, Ltd.'s (TSE:7011) 26% Share Price Surge
Sep 01We Ran A Stock Scan For Earnings Growth And Mitsubishi Heavy Industries (TSE:7011) Passed With Ease
Aug 24Earnings Beat: Mitsubishi Heavy Industries, Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 08Mitsubishi Heavy Industries (TSE:7011) Hasn't Managed To Accelerate Its Returns
Jul 27A Look At The Fair Value Of Mitsubishi Heavy Industries, Ltd. (TSE:7011)
Jul 12Mitsubishi Heavy Industries, Ltd.'s (TSE:7011) P/E Is Still On The Mark Following 26% Share Price Bounce
Jun 27We Think Mitsubishi Heavy Industries (TSE:7011) Can Stay On Top Of Its Debt
May 27Investors Will Want Mitsubishi Heavy Industries' (TSE:7011) Growth In ROCE To Persist
Apr 05Mitsubishi Heavy Industries (TSE:7011) Will Pay A Dividend Of ¥80.00
Mar 15Mitsubishi Heavy Industries' (TSE:7011) Dividend Will Be ¥80.00
Mar 01Why Investors Shouldn't Be Surprised By Mitsubishi Heavy Industries, Ltd.'s (TSE:7011) 29% Share Price Surge
Feb 27Financial Position Analysis
Short Term Liabilities: 7011's short term assets (¥3,701.4B) exceed its short term liabilities (¥3,075.4B).
Long Term Liabilities: 7011's short term assets (¥3,701.4B) exceed its long term liabilities (¥1,024.6B).
Debt to Equity History and Analysis
Debt Level: 7011's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: 7011's debt to equity ratio has reduced from 73.3% to 58.1% over the past 5 years.
Debt Coverage: 7011's debt is well covered by operating cash flow (36.4%).
Interest Coverage: 7011's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Mitsubishi Heavy Industries, Ltd. is covered by 31 analysts. 15 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 |
|---|---|
| Kunio Sakaida | Barclays |
| Kenjin Hotta | BofA Global Research |
| Taku Ouchi | Citigroup Global Markets Japan Inc. |