JAMCO Balance Sheet Health
Financial Health criteria checks 1/6
JAMCO has a total shareholder equity of ¥15.1B and total debt of ¥53.9B, which brings its debt-to-equity ratio to 358%. Its total assets and total liabilities are ¥108.2B and ¥93.1B respectively. JAMCO's EBIT is ¥2.4B making its interest coverage ratio 1.5. It has cash and short-term investments of ¥6.8B.
Key information
358.0%
Debt to equity ratio
JP¥53.95b
Debt
Interest coverage ratio | 1.5x |
Cash | JP¥6.77b |
Equity | JP¥15.07b |
Total liabilities | JP¥93.15b |
Total assets | JP¥108.22b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7408's short term assets (¥82.9B) do not cover its short term liabilities (¥84.1B).
Long Term Liabilities: 7408's short term assets (¥82.9B) exceed its long term liabilities (¥9.0B).
Debt to Equity History and Analysis
Debt Level: 7408's net debt to equity ratio (313.1%) is considered high.
Reducing Debt: 7408's debt to equity ratio has increased from 76.2% to 358% over the past 5 years.
Debt Coverage: 7408's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: 7408's interest payments on its debt are not well covered by EBIT (1.5x coverage).