JMSLtd Balance Sheet Health
Financial Health criteria checks 4/6
JMSLtd has a total shareholder equity of ¥40.0B and total debt of ¥23.6B, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are ¥80.3B and ¥40.2B respectively. JMSLtd's EBIT is ¥331.0M making its interest coverage ratio 2.3. It has cash and short-term investments of ¥7.9B.
Key information
59.0%
Debt to equity ratio
JP¥23.61b
Debt
Interest coverage ratio | 2.3x |
Cash | JP¥7.87b |
Equity | JP¥40.01b |
Total liabilities | JP¥40.24b |
Total assets | JP¥80.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7702's short term assets (¥45.9B) exceed its short term liabilities (¥24.5B).
Long Term Liabilities: 7702's short term assets (¥45.9B) exceed its long term liabilities (¥15.8B).
Debt to Equity History and Analysis
Debt Level: 7702's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: 7702's debt to equity ratio has reduced from 59.7% to 59% over the past 5 years.
Debt Coverage: 7702's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 7702's interest payments on its debt are not well covered by EBIT (2.3x coverage).