Mitsubishi Estate Co., Ltd.

TSE:8802 Stock Report

Market Cap: JP¥2.6t

Mitsubishi Estate Balance Sheet Health

Financial Health criteria checks 3/6

Mitsubishi Estate has a total shareholder equity of ¥2,706.5B and total debt of ¥3,296.7B, which brings its debt-to-equity ratio to 121.8%. Its total assets and total liabilities are ¥7,814.7B and ¥5,108.1B respectively. Mitsubishi Estate's EBIT is ¥288.2B making its interest coverage ratio 9.2. It has cash and short-term investments of ¥206.7B.

Key information

121.8%

Debt to equity ratio

JP¥3.30t

Debt

Interest coverage ratio9.2x
CashJP¥206.69b
EquityJP¥2.71t
Total liabilitiesJP¥5.11t
Total assetsJP¥7.81t

Recent financial health updates

Recent updates

Mitsubishi Estate's (TSE:8802) Earnings Are Weaker Than They Seem

Nov 19
Mitsubishi Estate's (TSE:8802) Earnings Are Weaker Than They Seem

Mitsubishi Estate Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Nov 10
Mitsubishi Estate Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

What Mitsubishi Estate Co., Ltd.'s (TSE:8802) P/E Is Not Telling You

Oct 08
What Mitsubishi Estate Co., Ltd.'s (TSE:8802) P/E Is Not Telling You

Mitsubishi Estate (TSE:8802) Is Paying Out A Larger Dividend Than Last Year

Sep 20
Mitsubishi Estate (TSE:8802) Is Paying Out A Larger Dividend Than Last Year

Mitsubishi Estate (TSE:8802) Is Increasing Its Dividend To ¥21.00

Aug 31
Mitsubishi Estate (TSE:8802) Is Increasing Its Dividend To ¥21.00

Mitsubishi Estate's (TSE:8802) Dividend Will Be Increased To ¥21.00

Jul 25
Mitsubishi Estate's (TSE:8802) Dividend Will Be Increased To ¥21.00

Mitsubishi Estate's (TSE:8802) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 11
Mitsubishi Estate's (TSE:8802) Shareholders Will Receive A Bigger Dividend Than Last Year

Mitsubishi Estate (TSE:8802) Seems To Be Using A Lot Of Debt

Jun 11
Mitsubishi Estate (TSE:8802) Seems To Be Using A Lot Of Debt

We Think You Should Be Aware Of Some Concerning Factors In Mitsubishi Estate's (TSE:8802) Earnings

May 21
We Think You Should Be Aware Of Some Concerning Factors In Mitsubishi Estate's (TSE:8802) Earnings

Mitsubishi Estate Co., Ltd.'s (TSE:8802) 29% Jump Shows Its Popularity With Investors

Mar 19
Mitsubishi Estate Co., Ltd.'s (TSE:8802) 29% Jump Shows Its Popularity With Investors

Mitsubishi Estate (TSE:8802) Has Announced A Dividend Of ¥20.00

Mar 11
Mitsubishi Estate (TSE:8802) Has Announced A Dividend Of ¥20.00

Mitsubishi Estate's (TSE:8802) Dividend Will Be ¥20.00

Feb 26
Mitsubishi Estate's (TSE:8802) Dividend Will Be ¥20.00

Financial Position Analysis

Short Term Liabilities: 8802's short term assets (¥1,975.1B) exceed its short term liabilities (¥909.3B).

Long Term Liabilities: 8802's short term assets (¥1,975.1B) do not cover its long term liabilities (¥4,198.8B).


Debt to Equity History and Analysis

Debt Level: 8802's net debt to equity ratio (114.2%) is considered high.

Reducing Debt: 8802's debt to equity ratio has reduced from 134.3% to 121.8% over the past 5 years.

Debt Coverage: 8802's debt is not well covered by operating cash flow (9%).

Interest Coverage: 8802's interest payments on its debt are well covered by EBIT (9.2x coverage).


Balance Sheet


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