Mitsui Balance Sheet Health
Financial Health criteria checks 5/6
Mitsui has a total shareholder equity of ¥7,769.9B and total debt of ¥4,300.8B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are ¥16,899.5B and ¥9,129.6B respectively. Mitsui's EBIT is ¥551.5B making its interest coverage ratio -5.2. It has cash and short-term investments of ¥902.7B.
Key information
55.4%
Debt to equity ratio
JP¥4.30t
Debt
Interest coverage ratio | -5.2x |
Cash | JP¥902.72b |
Equity | JP¥7.77t |
Total liabilities | JP¥9.13t |
Total assets | JP¥16.90t |
Recent financial health updates
Recent updates
Mitsui (TSE:8031) Takes On Some Risk With Its Use Of Debt
May 25Mitsui & Co., Ltd. Just Beat EPS By 8.6%: Here's What Analysts Think Will Happen Next
May 04Mitsui (TSE:8031) Is Due To Pay A Dividend Of ¥85.00
Mar 25Mitsui & Co., Ltd.'s (TSE:8031) Prospects Need A Boost To Lift Shares
Mar 20Mitsui's (TSE:8031) Dividend Will Be ¥85.00
Feb 27Financial Position Analysis
Short Term Liabilities: 8031's short term assets (¥5,768.1B) exceed its short term liabilities (¥3,891.5B).
Long Term Liabilities: 8031's short term assets (¥5,768.1B) exceed its long term liabilities (¥5,238.0B).
Debt to Equity History and Analysis
Debt Level: 8031's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: 8031's debt to equity ratio has reduced from 100.6% to 55.4% over the past 5 years.
Debt Coverage: 8031's debt is well covered by operating cash flow (20.1%).
Interest Coverage: 8031 earns more interest than it pays, so coverage of interest payments is not a concern.