CMC Balance Sheet Health
Financial Health criteria checks 5/6
CMC has a total shareholder equity of ¥18.8B and total debt of ¥371.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ¥23.8B and ¥5.0B respectively. CMC's EBIT is ¥2.3B making its interest coverage ratio -45. It has cash and short-term investments of ¥13.1B.
Key information
2.0%
Debt to equity ratio
JP¥371.00m
Debt
| Interest coverage ratio | -45x |
| Cash | JP¥13.13b |
| Equity | JP¥18.81b |
| Total liabilities | JP¥5.03b |
| Total assets | JP¥23.84b |
Recent financial health updates
No updates
Recent updates
Returns On Capital At CMC (TYO:2185) Paint An Interesting Picture
Mar 18
Here's How We Evaluate CMC Corporation's (TYO:2185) Dividend
Mar 01Shareholders Of CMC (TYO:2185) Must Be Happy With Their 261% Total Return
Feb 11Is CMC Corporation's (TYO:2185) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 24What Type Of Shareholders Make Up CMC Corporation's (TYO:2185) Share Registry?
Jan 06
Will CMC (TYO:2185) Multiply In Value Going Forward?
Dec 13What To Know Before Buying CMC Corporation (TYO:2185) For Its Dividend
Nov 25Financial Position Analysis
Short Term Liabilities: 2185's short term assets (¥17.3B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 2185's short term assets (¥17.3B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 2185 has more cash than its total debt.
Reducing Debt: 2185's debt to equity ratio has increased from 1.1% to 2% over the past 5 years.
Debt Coverage: 2185's debt is well covered by operating cash flow (823.5%).
Interest Coverage: 2185 earns more interest than it pays, so coverage of interest payments is not a concern.