Mitsubishi Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Mitsubishi Logistics has a total shareholder equity of ¥406.2B and total debt of ¥110.8B, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are ¥661.1B and ¥255.0B respectively. Mitsubishi Logistics's EBIT is ¥18.0B making its interest coverage ratio -5. It has cash and short-term investments of ¥61.4B.
Key information
27.3%
Debt to equity ratio
JP¥110.82b
Debt
| Interest coverage ratio | -5x |
| Cash | JP¥61.35b |
| Equity | JP¥406.15b |
| Total liabilities | JP¥254.97b |
| Total assets | JP¥661.12b |
Recent financial health updates
Recent updates
Mitsubishi Logistics' (TSE:9301) Profits May Not Reveal Underlying Issues
Nov 07
Does Mitsubishi Logistics (TSE:9301) Have A Healthy Balance Sheet?
Aug 20Mitsubishi Logistics Corporation's (TSE:9301) Share Price Not Quite Adding Up
Apr 12Mitsubishi Logistics (TSE:9301) Is Doing The Right Things To Multiply Its Share Price
Mar 15Financial Position Analysis
Short Term Liabilities: 9301's short term assets (¥131.0B) exceed its short term liabilities (¥88.2B).
Long Term Liabilities: 9301's short term assets (¥131.0B) do not cover its long term liabilities (¥166.8B).
Debt to Equity History and Analysis
Debt Level: 9301's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: 9301's debt to equity ratio has reduced from 32.8% to 27.3% over the past 5 years.
Debt Coverage: 9301's debt is well covered by operating cash flow (26.1%).
Interest Coverage: 9301 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 | 2024/12/23 13:44 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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Industry and Sector Metrics
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Analyst Sources
Mitsubishi Logistics Corporation is covered by 14 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 |
|---|---|
| Ryota Himeno | Barclays |
| Naoko Matsumoto | Citigroup Global Markets Japan Inc. |
| Ryota Himeno | Citigroup Inc |