Mitsubishi Balance Sheet Health
Financial Health criteria checks 6/6
Mitsubishi has a total shareholder equity of ¥9,545.6B and total debt of ¥5,000.3B, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are ¥22,551.3B and ¥13,005.7B respectively. Mitsubishi's EBIT is ¥715.8B making its interest coverage ratio -8.7. It has cash and short-term investments of ¥1,799.0B.
Key information
52.4%
Debt to equity ratio
JP¥5.00t
Debt
| Interest coverage ratio | -8.7x |
| Cash | JP¥1.80t |
| Equity | JP¥9.55t |
| Total liabilities | JP¥13.01t |
| Total assets | JP¥22.55t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8058 N's short term assets (¥9,006.6B) exceed its short term liabilities (¥6,613.4B).
Long Term Liabilities: 8058 N's short term assets (¥9,006.6B) exceed its long term liabilities (¥6,392.3B).
Debt to Equity History and Analysis
Debt Level: 8058 N's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: 8058 N's debt to equity ratio has reduced from 78.5% to 52.4% over the past 5 years.
Debt Coverage: 8058 N's debt is well covered by operating cash flow (33.9%).
Interest Coverage: 8058 N 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 | 2023/09/10 10:55 |
| End of Day Share Price | 2023/06/13 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2023/03/31 |
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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mitsubishi Corporation is covered by 29 analysts. 9 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 |
|---|---|
| Kazuhisa Mori | Barclays |
| Toshiyuki Johno | BNP Paribas Securities (Asia) |
| Takashi Enomoto | BofA Global Research |