GMB Balance Sheet Health
Financial Health criteria checks 3/6
GMB has a total shareholder equity of ¥33.7B and total debt of ¥33.2B, which brings its debt-to-equity ratio to 98.7%. Its total assets and total liabilities are ¥88.1B and ¥54.5B respectively. GMB's EBIT is ¥3.7B making its interest coverage ratio 3.8. It has cash and short-term investments of ¥6.4B.
Key information
98.7%
Debt to equity ratio
JP¥33.22b
Debt
Interest coverage ratio | 3.8x |
Cash | JP¥6.38b |
Equity | JP¥33.67b |
Total liabilities | JP¥54.46b |
Total assets | JP¥88.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7214's short term assets (¥56.2B) exceed its short term liabilities (¥45.7B).
Long Term Liabilities: 7214's short term assets (¥56.2B) exceed its long term liabilities (¥8.7B).
Debt to Equity History and Analysis
Debt Level: 7214's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: 7214's debt to equity ratio has increased from 67% to 98.7% over the past 5 years.
Debt Coverage: 7214's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: 7214's interest payments on its debt are well covered by EBIT (3.8x coverage).