Mitsui Mining & Smelting Balance Sheet Health
Financial Health criteria checks 5/6
Mitsui Mining & Smelting has a total shareholder equity of ¥271.4B and total debt of ¥205.1B, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are ¥627.0B and ¥355.7B respectively. Mitsui Mining & Smelting's EBIT is ¥8.8B making its interest coverage ratio -1.7. It has cash and short-term investments of ¥33.1B.
Key information
75.6%
Debt to equity ratio
JP¥205.15b
Debt
Interest coverage ratio | -1.7x |
Cash | JP¥33.14b |
Equity | JP¥271.37b |
Total liabilities | JP¥355.66b |
Total assets | JP¥627.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMSM.Y's short term assets (¥341.4B) exceed its short term liabilities (¥188.0B).
Long Term Liabilities: MMSM.Y's short term assets (¥341.4B) exceed its long term liabilities (¥167.7B).
Debt to Equity History and Analysis
Debt Level: MMSM.Y's net debt to equity ratio (63.4%) is considered high.
Reducing Debt: MMSM.Y's debt to equity ratio has reduced from 123.7% to 75.6% over the past 5 years.
Debt Coverage: MMSM.Y's debt is well covered by operating cash flow (34.7%).
Interest Coverage: MMSM.Y earns more interest than it pays, so coverage of interest payments is not a concern.