Mitsui Balance Sheet Health
Financial Health criteria checks 5/6
Mitsui has a total shareholder equity of ¥7,324.7B and total debt of ¥4,893.7B, which brings its debt-to-equity ratio to 66.8%. Its total assets and total liabilities are ¥16,488.9B and ¥9,164.2B respectively. Mitsui's EBIT is ¥593.9B making its interest coverage ratio -11.9. It has cash and short-term investments of ¥1,121.6B.
Key information
66.8%
Debt to equity ratio
JP¥4.89t
Debt
Interest coverage ratio | -11.9x |
Cash | JP¥1.12t |
Equity | JP¥7.32t |
Total liabilities | JP¥9.16t |
Total assets | JP¥16.49t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8031's short term assets (¥5,806.7B) exceed its short term liabilities (¥3,911.6B).
Long Term Liabilities: 8031's short term assets (¥5,806.7B) exceed its long term liabilities (¥5,252.6B).
Debt to Equity History and Analysis
Debt Level: 8031's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: 8031's debt to equity ratio has reduced from 99.1% to 66.8% over the past 5 years.
Debt Coverage: 8031's debt is well covered by operating cash flow (23.1%).
Interest Coverage: 8031 earns more interest than it pays, so coverage of interest payments is not a concern.