Mitsubishi Logisnext Balance Sheet Health
Financial Health criteria checks 5/6
Mitsubishi Logisnext has a total shareholder equity of ¥117.3B and total debt of ¥165.2B, which brings its debt-to-equity ratio to 140.8%. Its total assets and total liabilities are ¥531.5B and ¥414.2B respectively. Mitsubishi Logisnext's EBIT is ¥42.6B making its interest coverage ratio 8. It has cash and short-term investments of ¥20.2B.
Key information
140.8%
Debt to equity ratio
JP¥165.17b
Debt
| Interest coverage ratio | 8x |
| Cash | JP¥20.17b |
| Equity | JP¥117.33b |
| Total liabilities | JP¥414.16b |
| Total assets | JP¥531.50b |
Recent financial health updates
Recent updates
We Think Mitsubishi Logisnext (TSE:7105) Is Taking Some Risk With Its Debt
May 27
Investors 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 (¥290.9B) exceed its short term liabilities (¥213.4B).
Long Term Liabilities: 7105's short term assets (¥290.9B) exceed its long term liabilities (¥200.8B).
Debt to Equity History and Analysis
Debt Level: 7105's net debt to equity ratio (123.6%) is considered high.
Reducing Debt: 7105's debt to equity ratio has reduced from 239.6% to 140.8% over the past 5 years.
Debt Coverage: 7105's debt is well covered by operating cash flow (39.1%).
Interest Coverage: 7105's interest payments on its debt are well covered by EBIT (8x coverage).