Cross Marketing Group Balance Sheet Health
Financial Health criteria checks 6/6
Cross Marketing Group has a total shareholder equity of ¥6.9B and total debt of ¥3.7B, which brings its debt-to-equity ratio to 53.1%. Its total assets and total liabilities are ¥15.1B and ¥8.2B respectively. Cross Marketing Group's EBIT is ¥1.5B making its interest coverage ratio 32.7. It has cash and short-term investments of ¥6.2B.
Key information
53.1%
Debt to equity ratio
JP¥3.65b
Debt
| Interest coverage ratio | 32.7x |
| Cash | JP¥6.23b |
| Equity | JP¥6.87b |
| Total liabilities | JP¥8.22b |
| Total assets | JP¥15.09b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Cross Marketing Group Inc.'s (TSE:3675) Massive 25% Price Jump
Jun 17
Cross Marketing Group's (TSE:3675) Dividend Will Be ¥6.50
Jun 14Cross Marketing Group (TSE:3675) Has Announced A Dividend Of ¥6.50
May 26Cross Marketing Group (TSE:3675) Will Pay A Dividend Of ¥6.50
Mar 20Cross Marketing Group (TSE:3675) Has Announced A Dividend Of ¥6.50
Feb 27Financial Position Analysis
Short Term Liabilities: 3675's short term assets (¥11.9B) exceed its short term liabilities (¥5.6B).
Long Term Liabilities: 3675's short term assets (¥11.9B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 3675 has more cash than its total debt.
Reducing Debt: 3675's debt to equity ratio has reduced from 68.6% to 53.1% over the past 5 years.
Debt Coverage: 3675's debt is well covered by operating cash flow (31.4%).
Interest Coverage: 3675's interest payments on its debt are well covered by EBIT (32.7x coverage).