Mitani Sekisan Balance Sheet Health
Financial Health criteria checks 6/6
Mitani Sekisan has a total shareholder equity of ¥83.8B and total debt of ¥235.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥117.6B and ¥33.8B respectively. Mitani Sekisan's EBIT is ¥13.0B making its interest coverage ratio -12.6. It has cash and short-term investments of ¥44.1B.
Key information
0.3%
Debt to equity ratio
JP¥235.00m
Debt
Interest coverage ratio | -12.6x |
Cash | JP¥44.07b |
Equity | JP¥83.85b |
Total liabilities | JP¥33.77b |
Total assets | JP¥117.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5273's short term assets (¥72.7B) exceed its short term liabilities (¥25.7B).
Long Term Liabilities: 5273's short term assets (¥72.7B) exceed its long term liabilities (¥8.1B).
Debt to Equity History and Analysis
Debt Level: 5273 has more cash than its total debt.
Reducing Debt: 5273's debt to equity ratio has reduced from 0.5% to 0.3% over the past 5 years.
Debt Coverage: 5273's debt is well covered by operating cash flow (3697%).
Interest Coverage: 5273 earns more interest than it pays, so coverage of interest payments is not a concern.