Mizuho Leasing Company Balance Sheet Health
Financial Health criteria checks 4/6
Mizuho Leasing Company has a total shareholder equity of ¥381.1B and total debt of ¥2,841.4B, which brings its debt-to-equity ratio to 745.6%. Its total assets and total liabilities are ¥3,481.7B and ¥3,100.6B respectively. Mizuho Leasing Company's EBIT is ¥42.3B making its interest coverage ratio 19.5. It has cash and short-term investments of ¥60.0B.
Key information
745.6%
Debt to equity ratio
JP¥2.84t
Debt
Interest coverage ratio | 19.5x |
Cash | JP¥59.98b |
Equity | JP¥381.07b |
Total liabilities | JP¥3.10t |
Total assets | JP¥3.48t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8425's short term assets (¥2,399.2B) exceed its short term liabilities (¥1,765.8B).
Long Term Liabilities: 8425's short term assets (¥2,399.2B) exceed its long term liabilities (¥1,334.8B).
Debt to Equity History and Analysis
Debt Level: 8425's net debt to equity ratio (729.9%) is considered high.
Reducing Debt: 8425's debt to equity ratio has reduced from 993.5% to 745.6% 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 (19.5x coverage).