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 ¥6.2B making its interest coverage ratio 38.1. It has cash and short-term investments of ¥27.5B.
Key information
52.4%
Debt to equity ratio
JP¥37.98b
Debt
| Interest coverage ratio | 38.1x |
| Cash | JP¥27.46b |
| Equity | JP¥72.44b |
| Total liabilities | JP¥63.71b |
| Total assets | JP¥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 (38.1x coverage).