Mitsubishi Materials Balance Sheet Health
Financial Health criteria checks 3/6
Mitsubishi Materials has a total shareholder equity of ¥674.1B and total debt of ¥661.4B, which brings its debt-to-equity ratio to 98.1%. Its total assets and total liabilities are ¥2,246.9B and ¥1,572.8B respectively. Mitsubishi Materials's EBIT is ¥38.9B making its interest coverage ratio -2. It has cash and short-term investments of ¥87.2B.
Key information
98.1%
Debt to equity ratio
JP¥661.43b
Debt
| Interest coverage ratio | -2x |
| Cash | JP¥87.19b |
| Equity | JP¥674.05b |
| Total liabilities | JP¥1.57t |
| Total assets | JP¥2.25t |
Recent financial health updates
No updates
Recent updates
Mitsubishi Materials' (TSE:5711) Dividend Will Be ¥50.00
Dec 11
Mitsubishi Materials' (TSE:5711) Upcoming Dividend Will Be Larger Than Last Year's
Sep 25Returns On Capital At Mitsubishi Materials (TSE:5711) Have Hit The Brakes
Sep 05Mitsubishi Materials' (TSE:5711) Dividend Will Be Increased To ¥50.00
Aug 10Slammed 28% Mitsubishi Materials Corporation (TSE:5711) Screens Well Here But There Might Be A Catch
Aug 06Mitsubishi Materials (TSE:5711) Has Announced That It Will Be Increasing Its Dividend To ¥50.00
Jul 25Mitsubishi Materials (TSE:5711) Is Paying Out A Larger Dividend Than Last Year
Jul 11An Intrinsic Calculation For Mitsubishi Materials Corporation (TSE:5711) Suggests It's 40% Undervalued
Jun 08Why Mitsubishi Materials' (TSE:5711) Earnings Are Better Than They Seem
May 22These Return Metrics Don't Make Mitsubishi Materials (TSE:5711) Look Too Strong
Apr 30Mitsubishi Materials Corporation's (TSE:5711) P/S Still Appears To Be Reasonable
Apr 09Financial Position Analysis
Short Term Liabilities: 5711's short term assets (¥1,402.2B) exceed its short term liabilities (¥1,131.7B).
Long Term Liabilities: 5711's short term assets (¥1,402.2B) exceed its long term liabilities (¥441.1B).
Debt to Equity History and Analysis
Debt Level: 5711's net debt to equity ratio (85.2%) is considered high.
Reducing Debt: 5711's debt to equity ratio has increased from 75.8% to 98.1% over the past 5 years.
Debt Coverage: 5711's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5711 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:51 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mitsubishi Materials Corporation is covered by 23 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Masaki Okuno | Barclays |
| Takashi Enomoto | BofA Global Research |
| Toshiyuki Johno | Citigroup Global Markets Japan Inc. |