Mitsui DM Sugar Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Mitsui DM Sugar Holdings has a total shareholder equity of ¥121.7B and total debt of ¥41.0B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are ¥198.0B and ¥76.3B respectively. Mitsui DM Sugar Holdings's EBIT is ¥9.5B making its interest coverage ratio -25.3. It has cash and short-term investments of ¥38.7B.
Key information
33.7%
Debt to equity ratio
JP¥41.04b
Debt
| Interest coverage ratio | -25.3x |
| Cash | JP¥38.73b |
| Equity | JP¥121.72b |
| Total liabilities | JP¥76.29b |
| Total assets | JP¥198.01b |
Recent financial health updates
Recent updates
Mitsui DM Sugar Holdings' (TSE:2109) Problems Go Beyond Weak Profit
Nov 21
Mitsui DM Sugar Holdings' (TSE:2109) Promising Earnings May Rest On Soft Foundations
May 22Is Mitsui DM Sugar Holdings (TSE:2109) Using Too Much Debt?
Apr 02Mitsui DM Sugar Holdings (TSE:2109) Will Pay A Dividend Of ¥60.00
Mar 11Mitsui DM Sugar Holdings' (TSE:2109) Dividend Will Be ¥60.00
Feb 26Financial Position Analysis
Short Term Liabilities: 2109's short term assets (¥88.4B) exceed its short term liabilities (¥31.3B).
Long Term Liabilities: 2109's short term assets (¥88.4B) exceed its long term liabilities (¥44.9B).
Debt to Equity History and Analysis
Debt Level: 2109's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 2109's debt to equity ratio has increased from 19.4% to 33.7% over the past 5 years.
Debt Coverage: 2109's debt is well covered by operating cash flow (50.4%).
Interest Coverage: 2109 earns more interest than it pays, so coverage of interest payments is not a concern.