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
Recent updates
Mitsubishi Heavy Industries, Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 07
Calculating 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).