Mitsui Balance Sheet Health
Financial Health criteria checks 5/6
Mitsui has a total shareholder equity of ¥7,680.6B and total debt of ¥4,493.4B, which brings its debt-to-equity ratio to 58.5%. Its total assets and total liabilities are ¥16,295.4B and ¥8,614.9B respectively. Mitsui's EBIT is ¥533.8B making its interest coverage ratio -4.9. It has cash and short-term investments of ¥857.3B.
Key information
58.5%
Debt to equity ratio
JP¥4.49t
Debt
| Interest coverage ratio | -4.9x |
| Cash | JP¥857.28b |
| Equity | JP¥7.68t |
| Total liabilities | JP¥8.61t |
| Total assets | JP¥16.30t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MITS.F's short term assets (¥5,473.4B) exceed its short term liabilities (¥3,600.4B).
Long Term Liabilities: MITS.F's short term assets (¥5,473.4B) exceed its long term liabilities (¥5,014.4B).
Debt to Equity History and Analysis
Debt Level: MITS.F's net debt to equity ratio (47.3%) is considered high.
Reducing Debt: MITS.F's debt to equity ratio has reduced from 111.5% to 58.5% over the past 5 years.
Debt Coverage: MITS.F's debt is well covered by operating cash flow (22.1%).
Interest Coverage: MITS.F earns more interest than it pays, so coverage of interest payments is not a concern.