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 ratio
34.5x
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 (34.5x coverage).