Isetan Mitsukoshi Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Isetan Mitsukoshi Holdings has a total shareholder equity of ¥589.9B and total debt of ¥141.3B, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are ¥1,271.8B and ¥681.9B respectively. Isetan Mitsukoshi Holdings's EBIT is ¥46.0B making its interest coverage ratio -118.5. It has cash and short-term investments of ¥98.0B.
Key information
24.0%
Debt to equity ratio
JP¥141.27b
Debt
Interest coverage ratio | -118.5x |
Cash | JP¥97.99b |
Equity | JP¥589.86b |
Total liabilities | JP¥681.91b |
Total assets | JP¥1.27t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3099's short term assets (¥335.1B) do not cover its short term liabilities (¥424.4B).
Long Term Liabilities: 3099's short term assets (¥335.1B) exceed its long term liabilities (¥257.6B).
Debt to Equity History and Analysis
Debt Level: 3099's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: 3099's debt to equity ratio has reduced from 30.5% to 24% over the past 5 years.
Debt Coverage: 3099's debt is well covered by operating cash flow (37.8%).
Interest Coverage: 3099 earns more interest than it pays, so coverage of interest payments is not a concern.