Mizuho Leasing Company Balance Sheet Health
Financial Health criteria checks 4/6
Mizuho Leasing Company has a total shareholder equity of ¥321.8B and total debt of ¥2,685.6B, which brings its debt-to-equity ratio to 834.5%. Its total assets and total liabilities are ¥3,170.6B and ¥2,848.8B respectively. Mizuho Leasing Company's EBIT is ¥35.1B making its interest coverage ratio 36.1. It has cash and short-term investments of ¥36.6B.
Key information
834.5%
Debt to equity ratio
JP¥2.69t
Debt
| Interest coverage ratio | 36.1x |
| Cash | JP¥36.56b |
| Equity | JP¥321.81b |
| Total liabilities | JP¥2.85t |
| Total assets | JP¥3.17t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8425's short term assets (¥2,349.5B) exceed its short term liabilities (¥1,643.9B).
Long Term Liabilities: 8425's short term assets (¥2,349.5B) exceed its long term liabilities (¥1,204.9B).
Debt to Equity History and Analysis
Debt Level: 8425's net debt to equity ratio (823.2%) is considered high.
Reducing Debt: 8425's debt to equity ratio has reduced from 1118% to 834.5% over the past 5 years.
Debt Coverage: 8425's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8425's interest payments on its debt are well covered by EBIT (36.1x coverage).