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.