Mitsui DM Sugar Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Mitsui DM Sugar Holdings has a total shareholder equity of ¥115.7B and total debt of ¥44.3B, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are ¥196.4B and ¥80.7B respectively. Mitsui DM Sugar Holdings's EBIT is ¥2.3B making its interest coverage ratio -0.5. It has cash and short-term investments of ¥23.5B.
Key information
38.3%
Debt to equity ratio
JP¥44.32b
Debt
| Interest coverage ratio | -0.5x |
| Cash | JP¥23.52b |
| Equity | JP¥115.70b |
| Total liabilities | JP¥80.73b |
| Total assets | JP¥196.43b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2109's short term assets (¥89.0B) exceed its short term liabilities (¥35.9B).
Long Term Liabilities: 2109's short term assets (¥89.0B) exceed its long term liabilities (¥44.9B).
Debt to Equity History and Analysis
Debt Level: 2109's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 2109's debt to equity ratio has increased from 21.3% to 38.3% over the past 5 years.
Debt Coverage: 2109's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: 2109 earns more interest than it pays, so coverage of interest payments is not a concern.