Mitsubishi Logisnext Balance Sheet Health
Financial Health criteria checks 5/6
Mitsubishi Logisnext has a total shareholder equity of ¥119.2B and total debt of ¥167.3B, which brings its debt-to-equity ratio to 140.4%. Its total assets and total liabilities are ¥517.3B and ¥398.1B respectively. Mitsubishi Logisnext's EBIT is ¥35.3B making its interest coverage ratio 6.1. It has cash and short-term investments of ¥17.9B.
Key information
140.4%
Debt to equity ratio
JP¥167.27b
Debt
| Interest coverage ratio | 6.1x |
| Cash | JP¥17.91b |
| Equity | JP¥119.18b |
| Total liabilities | JP¥398.12b |
| Total assets | JP¥517.30b |
Recent financial health updates
Here's Why Mitsubishi Logisnext (TSE:7105) Has A Meaningful Debt Burden
Sep 05
We Think Mitsubishi Logisnext (TSE:7105) Is Taking Some Risk With Its Debt
May 27Recent updates
Here's Why Mitsubishi Logisnext (TSE:7105) Has A Meaningful Debt Burden
Sep 05The Market Doesn't Like What It Sees From Mitsubishi Logisnext Co., Ltd.'s (TSE:7105) Earnings Yet As Shares Tumble 28%
Aug 03We Think Mitsubishi Logisnext (TSE:7105) Is Taking Some Risk With Its Debt
May 27Investors Will Want Mitsubishi Logisnext's (TSE:7105) Growth In ROCE To Persist
Apr 17Mitsubishi Logisnext Co., Ltd.'s (TSE:7105) Shares Leap 32% Yet They're Still Not Telling The Full Story
Mar 21Mitsubishi Logisnext's (TSE:7105) Dividend Will Be Increased To ¥20.00
Feb 26Financial Position Analysis
Short Term Liabilities: 7105's short term assets (¥287.2B) exceed its short term liabilities (¥201.0B).
Long Term Liabilities: 7105's short term assets (¥287.2B) exceed its long term liabilities (¥197.1B).
Debt to Equity History and Analysis
Debt Level: 7105's net debt to equity ratio (125.3%) is considered high.
Reducing Debt: 7105's debt to equity ratio has reduced from 274.4% to 140.4% over the past 5 years.
Debt Coverage: 7105's debt is well covered by operating cash flow (38.6%).
Interest Coverage: 7105's interest payments on its debt are well covered by EBIT (6.1x coverage).