JMDC Balance Sheet Health

Financial Health criteria checks 6/6

JMDC has a total shareholder equity of ¥72.4B and total debt of ¥38.0B, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are ¥136.1B and ¥63.7B respectively. JMDC's EBIT is ¥6.7B making its interest coverage ratio 34.5. It has cash and short-term investments of ¥27.5B.

Key information

52.4%

Debt to equity ratio

JP¥37.98b

Debt

Interest coverage ratio34.5x
CashJP¥27.46b
EquityJP¥72.44b
Total liabilitiesJP¥63.71b
Total assetsJP¥136.15b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 6JM's short term assets (¥50.9B) exceed its short term liabilities (¥34.3B).

Long Term Liabilities: 6JM's short term assets (¥50.9B) exceed its long term liabilities (¥29.4B).


Debt to Equity History and Analysis

Debt Level: 6JM's net debt to equity ratio (14.5%) is considered satisfactory.

Reducing Debt: 6JM's debt to equity ratio has reduced from 53.7% to 52.4% over the past 5 years.

Debt Coverage: 6JM's debt is well covered by operating cash flow (23%).

Interest Coverage: 6JM's interest payments on its debt are well covered by EBIT (34.5x coverage).


Balance Sheet


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