MINEBEA MITSUMI Balance Sheet Health
Financial Health criteria checks 5/6
MINEBEA MITSUMI has a total shareholder equity of ¥725.0B and total debt of ¥419.1B, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are ¥1,519.0B and ¥794.1B respectively. MINEBEA MITSUMI's EBIT is ¥91.1B making its interest coverage ratio 6. It has cash and short-term investments of ¥151.3B.
Key information
57.8%
Debt to equity ratio
JP¥419.05b
Debt
| Interest coverage ratio | 6x |
| Cash | JP¥151.33b |
| Equity | JP¥724.96b |
| Total liabilities | JP¥794.09b |
| Total assets | JP¥1.52t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNBE.F's short term assets (¥870.9B) exceed its short term liabilities (¥530.1B).
Long Term Liabilities: MNBE.F's short term assets (¥870.9B) exceed its long term liabilities (¥264.0B).
Debt to Equity History and Analysis
Debt Level: MNBE.F's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: MNBE.F's debt to equity ratio has increased from 53.8% to 57.8% over the past 5 years.
Debt Coverage: MNBE.F's debt is well covered by operating cash flow (30.8%).
Interest Coverage: MNBE.F's interest payments on its debt are well covered by EBIT (6x coverage).