Japan Cash Machine Balance Sheet Health
Financial Health criteria checks 4/6
Japan Cash Machine has a total shareholder equity of ¥30.4B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are ¥43.0B and ¥12.6B respectively. Japan Cash Machine's EBIT is ¥1.7B making its interest coverage ratio -75.1. It has cash and short-term investments of ¥8.2B.
Key information
11.5%
Debt to equity ratio
JP¥3.50b
Debt
Interest coverage ratio | -75.1x |
Cash | JP¥8.24b |
Equity | JP¥30.39b |
Total liabilities | JP¥12.62b |
Total assets | JP¥43.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JCM's short term assets (¥35.6B) exceed its short term liabilities (¥9.1B).
Long Term Liabilities: JCM's short term assets (¥35.6B) exceed its long term liabilities (¥3.5B).
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 11.5% over the past 5 years.
Debt Coverage: JCM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JCM earns more interest than it pays, so coverage of interest payments is not a concern.