Japan Cash Machine Balance Sheet Health
Financial Health criteria checks 4/6
Japan Cash Machine has a total shareholder equity of ¥31.4B and total debt of ¥11.4B, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are ¥51.3B and ¥19.9B respectively. Japan Cash Machine's EBIT is ¥5.7B making its interest coverage ratio 354.7. It has cash and short-term investments of ¥14.2B.
Key information
36.2%
Debt to equity ratio
JP¥11.37b
Debt
| Interest coverage ratio | 354.7x |
| Cash | JP¥14.20b |
| Equity | JP¥31.41b |
| Total liabilities | JP¥19.93b |
| Total assets | JP¥51.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JCM's short term assets (¥43.7B) exceed its short term liabilities (¥9.9B).
Long Term Liabilities: JCM's short term assets (¥43.7B) exceed its long term liabilities (¥10.1B).
Debt to Equity History and Analysis
Debt Level: JCM has more cash than its total debt.
Reducing Debt: JCM's debt to equity ratio has increased from 0% to 36.2% over the past 5 years.
Debt Coverage: JCM's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: JCM's interest payments on its debt are well covered by EBIT (354.7x coverage).