J-MAXLtd Balance Sheet Health
Financial Health criteria checks 5/6
J-MAXLtd has a total shareholder equity of ¥21.8B and total debt of ¥16.9B, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are ¥51.7B and ¥30.0B respectively. J-MAXLtd's EBIT is ¥1.0B making its interest coverage ratio 4.4. It has cash and short-term investments of ¥6.0B.
Key information
77.5%
Debt to equity ratio
JP¥16.86b
Debt
Interest coverage ratio | 4.4x |
Cash | JP¥5.99b |
Equity | JP¥21.76b |
Total liabilities | JP¥29.98b |
Total assets | JP¥51.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3422's short term assets (¥22.2B) exceed its short term liabilities (¥21.0B).
Long Term Liabilities: 3422's short term assets (¥22.2B) exceed its long term liabilities (¥9.0B).
Debt to Equity History and Analysis
Debt Level: 3422's net debt to equity ratio (49.9%) is considered high.
Reducing Debt: 3422's debt to equity ratio has reduced from 174% to 77.5% over the past 5 years.
Debt Coverage: 3422's debt is well covered by operating cash flow (23.1%).
Interest Coverage: 3422's interest payments on its debt are well covered by EBIT (4.4x coverage).