JMC Balance Sheet Health
Financial Health criteria checks 5/6
JMC has a total shareholder equity of ¥2.9B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are ¥4.9B and ¥1.9B respectively. JMC's EBIT is ¥306.0M making its interest coverage ratio 27.8. It has cash and short-term investments of ¥768.0M.
Key information
37.6%
Debt to equity ratio
JP¥1.10b
Debt
| Interest coverage ratio | 27.8x |
| Cash | JP¥768.00m |
| Equity | JP¥2.93b |
| Total liabilities | JP¥1.94b |
| Total assets | JP¥4.87b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5704's short term assets (¥1.6B) exceed its short term liabilities (¥1.0B).
Long Term Liabilities: 5704's short term assets (¥1.6B) exceed its long term liabilities (¥930.0M).
Debt to Equity History and Analysis
Debt Level: 5704's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: 5704's debt to equity ratio has increased from 19.7% to 37.6% over the past 5 years.
Debt Coverage: 5704's debt is well covered by operating cash flow (63%).
Interest Coverage: 5704's interest payments on its debt are well covered by EBIT (27.8x coverage).