J-MAXLtd Balance Sheet Health
Financial Health criteria checks 3/6
J-MAXLtd has a total shareholder equity of ¥22.5B and total debt of ¥18.5B, which brings its debt-to-equity ratio to 82.5%. Its total assets and total liabilities are ¥52.7B and ¥30.2B respectively. J-MAXLtd's EBIT is ¥508.0M making its interest coverage ratio 1.6. It has cash and short-term investments of ¥6.2B.
Key information
82.5%
Debt to equity ratio
JP¥18.55b
Debt
| Interest coverage ratio | 1.6x |
| Cash | JP¥6.15b |
| Equity | JP¥22.49b |
| Total liabilities | JP¥30.24b |
| Total assets | JP¥52.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3422's short term assets (¥20.7B) exceed its short term liabilities (¥18.9B).
Long Term Liabilities: 3422's short term assets (¥20.7B) exceed its long term liabilities (¥11.3B).
Debt to Equity History and Analysis
Debt Level: 3422's net debt to equity ratio (55.1%) is considered high.
Reducing Debt: 3422's debt to equity ratio has reduced from 168.4% to 82.5% over the past 5 years.
Debt Coverage: 3422's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: 3422's interest payments on its debt are not well covered by EBIT (1.6x coverage).