Mitsubishi Pencil Balance Sheet Health
Financial Health criteria checks 5/6
Mitsubishi Pencil has a total shareholder equity of ¥119.2B and total debt of ¥18.2B, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are ¥169.0B and ¥49.8B respectively. Mitsubishi Pencil's EBIT is ¥11.6B making its interest coverage ratio -20.9. It has cash and short-term investments of ¥49.1B.
Key information
15.3%
Debt to equity ratio
JP¥18.20b
Debt
| Interest coverage ratio | -20.9x |
| Cash | JP¥49.15b |
| Equity | JP¥119.21b |
| Total liabilities | JP¥49.78b |
| Total assets | JP¥168.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7976's short term assets (¥99.9B) exceed its short term liabilities (¥37.4B).
Long Term Liabilities: 7976's short term assets (¥99.9B) exceed its long term liabilities (¥12.3B).
Debt to Equity History and Analysis
Debt Level: 7976 has more cash than its total debt.
Reducing Debt: 7976's debt to equity ratio has increased from 7.6% to 15.3% over the past 5 years.
Debt Coverage: 7976's debt is well covered by operating cash flow (64.6%).
Interest Coverage: 7976 earns more interest than it pays, so coverage of interest payments is not a concern.