Mitsubishi Steel Mfg. Co., Ltd.

TSE:5632 Stock Report

Market Cap: JP¥21.3b

Mitsubishi Steel Mfg Balance Sheet Health

Financial Health criteria checks 3/6

Mitsubishi Steel Mfg has a total shareholder equity of ¥48.0B and total debt of ¥54.8B, which brings its debt-to-equity ratio to 114.2%. Its total assets and total liabilities are ¥142.9B and ¥94.9B respectively. Mitsubishi Steel Mfg's EBIT is ¥5.3B making its interest coverage ratio 3.6. It has cash and short-term investments of ¥17.2B.

Key information

114.2%

Debt to equity ratio

JP¥54.80b

Debt

Interest coverage ratio3.6x
CashJP¥17.24b
EquityJP¥47.99b
Total liabilitiesJP¥94.89b
Total assetsJP¥142.87b

Recent financial health updates

No updates

Recent updates

Mitsubishi Steel Mfg (TSE:5632) Shareholders Will Want The ROCE Trajectory To Continue

Aug 06
Mitsubishi Steel Mfg (TSE:5632) Shareholders Will Want The ROCE Trajectory To Continue

Financial Position Analysis

Short Term Liabilities: 5632's short term assets (¥87.7B) exceed its short term liabilities (¥43.7B).

Long Term Liabilities: 5632's short term assets (¥87.7B) exceed its long term liabilities (¥51.2B).


Debt to Equity History and Analysis

Debt Level: 5632's net debt to equity ratio (78.3%) is considered high.

Reducing Debt: 5632's debt to equity ratio has increased from 68% to 114.2% over the past 5 years.

Debt Coverage: 5632's debt is not well covered by operating cash flow (11.8%).

Interest Coverage: 5632's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


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