MINEBEA MITSUMI Balance Sheet Health
Financial Health criteria checks 5/6
MINEBEA MITSUMI has a total shareholder equity of ¥678.3B and total debt of ¥383.8B, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are ¥1,402.6B and ¥724.3B respectively. MINEBEA MITSUMI's EBIT is ¥56.7B making its interest coverage ratio -18.5. It has cash and short-term investments of ¥151.2B.
Key information
56.6%
Debt to equity ratio
JP¥383.85b
Debt
Interest coverage ratio | -18.5x |
Cash | JP¥151.21b |
Equity | JP¥678.25b |
Total liabilities | JP¥724.34b |
Total assets | JP¥1.40t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNBE.F's short term assets (¥790.0B) exceed its short term liabilities (¥458.4B).
Long Term Liabilities: MNBE.F's short term assets (¥790.0B) exceed its long term liabilities (¥266.0B).
Debt to Equity History and Analysis
Debt Level: MNBE.F's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: MNBE.F's debt to equity ratio has increased from 44.5% to 56.6% over the past 5 years.
Debt Coverage: MNBE.F's debt is well covered by operating cash flow (26.3%).
Interest Coverage: MNBE.F earns more interest than it pays, so coverage of interest payments is not a concern.