Mitsui O.S.K. Lines Balance Sheet Health
Financial Health criteria checks 3/6
Mitsui O.S.K. Lines has a total shareholder equity of ¥2,369.7B and total debt of ¥1,236.8B, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are ¥4,120.6B and ¥1,750.9B respectively. Mitsui O.S.K. Lines's EBIT is ¥120.2B making its interest coverage ratio -8.3. It has cash and short-term investments of ¥117.9B.
Key information
52.2%
Debt to equity ratio
JP¥1.24t
Debt
Interest coverage ratio | -8.3x |
Cash | JP¥117.92b |
Equity | JP¥2.37t |
Total liabilities | JP¥1.75t |
Total assets | JP¥4.12t |
Financial Position Analysis
Short Term Liabilities: 9104's short term assets (¥465.8B) do not cover its short term liabilities (¥647.3B).
Long Term Liabilities: 9104's short term assets (¥465.8B) do not cover its long term liabilities (¥1,103.5B).
Debt to Equity History and Analysis
Debt Level: 9104's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: 9104's debt to equity ratio has reduced from 167.3% to 52.2% over the past 5 years.
Debt Coverage: 9104's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 9104 earns more interest than it pays, so coverage of interest payments is not a concern.