Mitsuba Balance Sheet Health
Financial Health criteria checks 3/6
Mitsuba has a total shareholder equity of ¥86.0M and total debt of ¥445.0M, which brings its debt-to-equity ratio to 517.4%. Its total assets and total liabilities are ¥918.0M and ¥832.0M respectively. Mitsuba's EBIT is ¥136.0M making its interest coverage ratio 22.7. It has cash and short-term investments of ¥229.0M.
Key information
517.4%
Debt to equity ratio
JP¥445.00m
Debt
| Interest coverage ratio | 22.7x |
| Cash | JP¥229.00m |
| Equity | JP¥86.00m |
| Total liabilities | JP¥832.00m |
| Total assets | JP¥918.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 161A's short term assets (¥828.0M) exceed its short term liabilities (¥643.0M).
Long Term Liabilities: 161A's short term assets (¥828.0M) exceed its long term liabilities (¥189.0M).
Debt to Equity History and Analysis
Debt Level: 161A's net debt to equity ratio (251.2%) is considered high.
Reducing Debt: Insufficient data to determine if 161A's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if 161A's debt is well covered by operating cash flow.
Interest Coverage: 161A's interest payments on its debt are well covered by EBIT (22.7x coverage).