Japan Medical Dynamic Marketing Balance Sheet Health
Financial Health criteria checks 6/6
Japan Medical Dynamic Marketing has a total shareholder equity of ¥24.4B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ¥30.2B and ¥5.8B respectively. Japan Medical Dynamic Marketing's EBIT is ¥1.7B making its interest coverage ratio 65.2. It has cash and short-term investments of ¥2.0B.
Key information
7.6%
Debt to equity ratio
JP¥1.86b
Debt
| Interest coverage ratio | 65.2x |
| Cash | JP¥2.02b |
| Equity | JP¥24.35b |
| Total liabilities | JP¥5.82b |
| Total assets | JP¥30.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7600's short term assets (¥20.6B) exceed its short term liabilities (¥3.7B).
Long Term Liabilities: 7600's short term assets (¥20.6B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 7600 has more cash than its total debt.
Reducing Debt: 7600's debt to equity ratio has reduced from 32.4% to 7.6% over the past 5 years.
Debt Coverage: 7600's debt is well covered by operating cash flow (98.3%).
Interest Coverage: 7600's interest payments on its debt are well covered by EBIT (65.2x coverage).