Mitsubishi Logisnext Balance Sheet Health
Financial Health criteria checks 5/6
Mitsubishi Logisnext has a total shareholder equity of ¥132.0B and total debt of ¥168.6B, which brings its debt-to-equity ratio to 127.7%. Its total assets and total liabilities are ¥551.6B and ¥419.6B respectively. Mitsubishi Logisnext's EBIT is ¥39.3B making its interest coverage ratio 7.1. It has cash and short-term investments of ¥19.5B.
Key information
127.7%
Debt to equity ratio
JP¥168.59b
Debt
| Interest coverage ratio | 7.1x |
| Cash | JP¥19.55b |
| Equity | JP¥132.04b |
| Total liabilities | JP¥419.55b |
| Total assets | JP¥551.59b |
Recent financial health updates
Recent updates
The Market Doesn't Like What It Sees From Mitsubishi Logisnext Co., Ltd.'s (TSE:7105) Earnings Yet As Shares Tumble 28%
Aug 03
We 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 (¥302.2B) exceed its short term liabilities (¥209.0B).
Long Term Liabilities: 7105's short term assets (¥302.2B) exceed its long term liabilities (¥210.5B).
Debt to Equity History and Analysis
Debt Level: 7105's net debt to equity ratio (112.9%) is considered high.
Reducing Debt: 7105's debt to equity ratio has reduced from 257.7% to 127.7% over the past 5 years.
Debt Coverage: 7105's debt is well covered by operating cash flow (38.3%).
Interest Coverage: 7105's interest payments on its debt are well covered by EBIT (7.1x coverage).