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 ratio | 9.2x |
Cash | JP¥206.69b |
Equity | JP¥2.71t |
Total liabilities | JP¥5.11t |
Total assets | JP¥7.81t |
Recent financial health updates
Recent updates
Mitsubishi Estate's (TSE:8802) Earnings Are Weaker Than They Seem
Nov 19Mitsubishi Estate Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 10What Mitsubishi Estate Co., Ltd.'s (TSE:8802) P/E Is Not Telling You
Oct 08Mitsubishi Estate (TSE:8802) Is Paying Out A Larger Dividend Than Last Year
Sep 20Mitsubishi Estate (TSE:8802) Is Increasing Its Dividend To ¥21.00
Aug 31Mitsubishi Estate's (TSE:8802) Dividend Will Be Increased To ¥21.00
Jul 25Mitsubishi Estate's (TSE:8802) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 11Mitsubishi Estate (TSE:8802) Seems To Be Using A Lot Of Debt
Jun 11We Think You Should Be Aware Of Some Concerning Factors In Mitsubishi Estate's (TSE:8802) Earnings
May 21Mitsubishi Estate Co., Ltd.'s (TSE:8802) 29% Jump Shows Its Popularity With Investors
Mar 19Mitsubishi Estate (TSE:8802) Has Announced A Dividend Of ¥20.00
Mar 11Mitsubishi Estate's (TSE:8802) Dividend Will Be ¥20.00
Feb 26Financial 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).