JMDC Balance Sheet Health
Financial Health criteria checks 6/6
JMDC has a total shareholder equity of ¥70.4B and total debt of ¥27.3B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are ¥121.4B and ¥51.0B respectively. JMDC's EBIT is ¥5.6B making its interest coverage ratio 45.9. It has cash and short-term investments of ¥17.9B.
Key information
38.8%
Debt to equity ratio
JP¥27.31b
Debt
| Interest coverage ratio | 45.9x |
| Cash | JP¥17.88b |
| Equity | JP¥70.40b |
| Total liabilities | JP¥50.97b |
| Total assets | JP¥121.37b |
Recent financial health updates
JMDC (TSE:4483) Seems To Use Debt Quite Sensibly
May 29
JMDC (TSE:4483) Seems To Use Debt Rather Sparingly
Feb 28Recent updates
Why Investors Shouldn't Be Surprised By JMDC Inc.'s (TSE:4483) 27% Share Price Surge
Aug 26Investors Still Waiting For A Pull Back In JMDC Inc. (TSE:4483)
Jun 26JMDC (TSE:4483) Seems To Use Debt Quite Sensibly
May 29JMDC Inc. Just Missed EPS By 33%: Here's What Analysts Think Will Happen Next
May 10There Are Reasons To Feel Uneasy About JMDC's (TSE:4483) Returns On Capital
Apr 11JMDC (TSE:4483) Seems To Use Debt Rather Sparingly
Feb 28Financial Position Analysis
Short Term Liabilities: 4483's short term assets (¥39.1B) exceed its short term liabilities (¥33.2B).
Long Term Liabilities: 4483's short term assets (¥39.1B) exceed its long term liabilities (¥17.8B).
Debt to Equity History and Analysis
Debt Level: 4483's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: 4483's debt to equity ratio has reduced from 66.4% to 38.8% over the past 5 years.
Debt Coverage: 4483's debt is well covered by operating cash flow (23.6%).
Interest Coverage: 4483's interest payments on its debt are well covered by EBIT (45.9x coverage).