Mitsui Balance Sheet Health
Financial Health criteria checks 4/6
Mitsui has a total shareholder equity of ¥7,769.9B and total debt of ¥4,776.1B, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are ¥16,899.5B and ¥9,129.6B respectively. Mitsui's EBIT is ¥556.7B making its interest coverage ratio -5.2. It has cash and short-term investments of ¥898.2B.
Key information
61.5%
Debt to equity ratio
JP¥4.78t
Debt
Interest coverage ratio | -5.2x |
Cash | JP¥898.20b |
Equity | JP¥7.77t |
Total liabilities | JP¥9.13t |
Total assets | JP¥16.90t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MITS.F's short term assets (¥5,768.1B) exceed its short term liabilities (¥3,891.5B).
Long Term Liabilities: MITS.F's short term assets (¥5,768.1B) exceed its long term liabilities (¥5,238.0B).
Debt to Equity History and Analysis
Debt Level: MITS.F's net debt to equity ratio (49.9%) is considered high.
Reducing Debt: MITS.F's debt to equity ratio has reduced from 100.6% to 61.5% over the past 5 years.
Debt Coverage: MITS.F's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: MITS.F earns more interest than it pays, so coverage of interest payments is not a concern.