Mitsui High-tec Balance Sheet Health
Financial Health criteria checks 5/6
Mitsui High-tec has a total shareholder equity of ¥104.4B and total debt of ¥78.6B, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are ¥222.3B and ¥117.8B respectively. Mitsui High-tec's EBIT is ¥16.5B making its interest coverage ratio -26.1. It has cash and short-term investments of ¥52.3B.
Key information
75.3%
Debt to equity ratio
JP¥78.62b
Debt
| Interest coverage ratio | -26.1x |
| Cash | JP¥52.27b |
| Equity | JP¥104.42b |
| Total liabilities | JP¥117.83b |
| Total assets | JP¥222.25b |
Recent financial health updates
Does Mitsui High-tec (TSE:6966) Have A Healthy Balance Sheet?
Sep 11
Mitsui High-tec (TSE:6966) Has A Somewhat Strained Balance Sheet
Apr 01Recent updates
Mitsui High-tec, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Dec 14Mitsui High-tec, Inc.'s (TSE:6966) Shares Lagging The Market But So Is The Business
Dec 03Investors Will Want Mitsui High-tec's (TSE:6966) Growth In ROCE To Persist
Nov 13We Think You Should Be Aware Of Some Concerning Factors In Mitsui High-tec's (TSE:6966) Earnings
Sep 20Mitsui High-tec, Inc. Just Missed EPS By 21%: Here's What Analysts Think Will Happen Next
Sep 13Does Mitsui High-tec (TSE:6966) Have A Healthy Balance Sheet?
Sep 11Should You Think About Buying Mitsui High-tec, Inc. (TSE:6966) Now?
Aug 26Not Many Are Piling Into Mitsui High-tec, Inc. (TSE:6966) Stock Yet As It Plummets 31%
Aug 06Mitsui High-tec (TSE:6966) Shareholders Will Want The ROCE Trajectory To Continue
Jul 19Is Now The Time To Look At Buying Mitsui High-tec, Inc. (TSE:6966)?
May 10Mitsui High-tec (TSE:6966) Has A Somewhat Strained Balance Sheet
Apr 01Mitsui High-tec, Inc. Just Beat EPS By 9.5%: Here's What Analysts Think Will Happen Next
Mar 14Mitsui High-tec, Inc.'s (TSE:6966) P/E Is Still On The Mark Following 35% Share Price Bounce
Mar 06Mitsui High-tec (TSE:6966) Shareholders Will Want The ROCE Trajectory To Continue
Feb 26Financial Position Analysis
Short Term Liabilities: 6966's short term assets (¥109.6B) exceed its short term liabilities (¥47.2B).
Long Term Liabilities: 6966's short term assets (¥109.6B) exceed its long term liabilities (¥70.7B).
Debt to Equity History and Analysis
Debt Level: 6966's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: 6966's debt to equity ratio has increased from 72.3% to 75.3% over the past 5 years.
Debt Coverage: 6966's debt is well covered by operating cash flow (36.1%).
Interest Coverage: 6966 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 | 2024/12/22 02:39 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/01/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Mitsui High-tec, Inc. is covered by 13 analysts. 5 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 |
|---|---|
| Takayuki Naito | Citigroup Inc |
| Liliko Takayama | Citigroup Inc |
| null null | Company Forecast |