Mitsubishi Logisnext Balance Sheet Health
Financial Health criteria checks 5/6
Mitsubishi Logisnext has a total shareholder equity of ¥106.1B and total debt of ¥176.2B, which brings its debt-to-equity ratio to 166.1%. Its total assets and total liabilities are ¥509.9B and ¥403.9B respectively. Mitsubishi Logisnext's EBIT is ¥43.1B making its interest coverage ratio 9. It has cash and short-term investments of ¥21.8B.
Key information
166.1%
Debt to equity ratio
JP¥176.18b
Debt
Interest coverage ratio | 9x |
Cash | JP¥21.82b |
Equity | JP¥106.06b |
Total liabilities | JP¥403.87b |
Total assets | JP¥509.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7105's short term assets (¥285.8B) exceed its short term liabilities (¥201.6B).
Long Term Liabilities: 7105's short term assets (¥285.8B) exceed its long term liabilities (¥202.2B).
Debt to Equity History and Analysis
Debt Level: 7105's net debt to equity ratio (145.5%) is considered high.
Reducing Debt: 7105's debt to equity ratio has reduced from 258.7% to 166.1% over the past 5 years.
Debt Coverage: 7105's debt is well covered by operating cash flow (39.9%).
Interest Coverage: 7105's interest payments on its debt are well covered by EBIT (9x coverage).