Mitsubishi Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Mitsubishi Logistics has a total shareholder equity of ¥410.9B and total debt of ¥110.9B, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are ¥667.5B and ¥256.6B respectively. Mitsubishi Logistics's EBIT is ¥18.1B making its interest coverage ratio -4.9. It has cash and short-term investments of ¥64.9B.
Key information
27.0%
Debt to equity ratio
JP¥110.93b
Debt
Interest coverage ratio | -4.9x |
Cash | JP¥64.90b |
Equity | JP¥410.93b |
Total liabilities | JP¥256.55b |
Total assets | JP¥667.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9301's short term assets (¥135.2B) exceed its short term liabilities (¥86.7B).
Long Term Liabilities: 9301's short term assets (¥135.2B) do not cover its long term liabilities (¥169.9B).
Debt to Equity History and Analysis
Debt Level: 9301's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: 9301's debt to equity ratio has reduced from 29.6% to 27% over the past 5 years.
Debt Coverage: 9301's debt is well covered by operating cash flow (29.2%).
Interest Coverage: 9301 earns more interest than it pays, so coverage of interest payments is not a concern.