GMO Payment Gateway Balance Sheet Health
Financial Health criteria checks 6/6
GMO Payment Gateway has a total shareholder equity of ¥89.3B and total debt of ¥53.4B, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are ¥326.0B and ¥236.7B respectively. GMO Payment Gateway's EBIT is ¥21.1B making its interest coverage ratio -17.6. It has cash and short-term investments of ¥156.3B.
Key information
59.8%
Debt to equity ratio
JP¥53.45b
Debt
Interest coverage ratio | -17.6x |
Cash | JP¥156.30b |
Equity | JP¥89.33b |
Total liabilities | JP¥236.70b |
Total assets | JP¥326.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3RH's short term assets (¥288.5B) exceed its short term liabilities (¥201.7B).
Long Term Liabilities: 3RH's short term assets (¥288.5B) exceed its long term liabilities (¥35.0B).
Debt to Equity History and Analysis
Debt Level: 3RH has more cash than its total debt.
Reducing Debt: 3RH's debt to equity ratio has reduced from 99.4% to 59.8% over the past 5 years.
Debt Coverage: 3RH's debt is well covered by operating cash flow (23%).
Interest Coverage: 3RH earns more interest than it pays, so coverage of interest payments is not a concern.