Mitsui Chemicals Balance Sheet Health
Financial Health criteria checks 4/6
Mitsui Chemicals has a total shareholder equity of ¥945.9B and total debt of ¥752.6B, which brings its debt-to-equity ratio to 79.6%. Its total assets and total liabilities are ¥2,162.6B and ¥1,216.7B respectively. Mitsui Chemicals's EBIT is ¥52.8B making its interest coverage ratio -10.7. It has cash and short-term investments of ¥252.3B.
Key information
79.6%
Debt to equity ratio
JP¥752.62b
Debt
| Interest coverage ratio | -10.7x |
| Cash | JP¥252.26b |
| Equity | JP¥945.89b |
| Total liabilities | JP¥1.22t |
| Total assets | JP¥2.16t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4183's short term assets (¥1,126.8B) exceed its short term liabilities (¥695.3B).
Long Term Liabilities: 4183's short term assets (¥1,126.8B) exceed its long term liabilities (¥521.5B).
Debt to Equity History and Analysis
Debt Level: 4183's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: 4183's debt to equity ratio has increased from 77.2% to 79.6% over the past 5 years.
Debt Coverage: 4183's debt is well covered by operating cash flow (22.9%).
Interest Coverage: 4183 earns more interest than it pays, so coverage of interest payments is not a concern.