Mitsubishi Estate Balance Sheet Health
Financial Health criteria checks 2/6
Mitsubishi Estate has a total shareholder equity of ¥2,493.8B and total debt of ¥3,346.9B, which brings its debt-to-equity ratio to 134.2%. Its total assets and total liabilities are ¥7,555.3B and ¥5,061.5B respectively. Mitsubishi Estate's EBIT is ¥243.5B making its interest coverage ratio 10.9. It has cash and short-term investments of ¥330.0B.
Key information
134.2%
Debt to equity ratio
JP¥3.35t
Debt
| Interest coverage ratio | 10.9x |
| Cash | JP¥330.03b |
| Equity | JP¥2.49t |
| Total liabilities | JP¥5.06t |
| Total assets | JP¥7.56t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8802's short term assets (¥2,090.0B) exceed its short term liabilities (¥994.6B).
Long Term Liabilities: 8802's short term assets (¥2,090.0B) do not cover its long term liabilities (¥4,066.9B).
Debt to Equity History and Analysis
Debt Level: 8802's net debt to equity ratio (121%) is considered high.
Reducing Debt: 8802's debt to equity ratio has increased from 130% to 134.2% over the past 5 years.
Debt Coverage: 8802's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: 8802's interest payments on its debt are well covered by EBIT (10.9x coverage).