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 ratio | 3.6x |
| Cash | JP¥17.24b |
| Equity | JP¥47.99b |
| Total liabilities | JP¥94.89b |
| Total assets | JP¥142.87b |
Recent financial health updates
No updates
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).