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 ¥4.6B, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are ¥15.4B and ¥8.6B respectively. Cross Marketing Group's EBIT is ¥2.2B making its interest coverage ratio 46.2. It has cash and short-term investments of ¥6.1B.
Key information
67.7%
Debt to equity ratio
JP¥4.64b
Debt
| Interest coverage ratio | 46.2x |
| Cash | JP¥6.14b |
| Equity | JP¥6.85b |
| Total liabilities | JP¥8.57b |
| Total assets | JP¥15.42b |
Recent financial health updates
No updates
Recent updates
Cross Marketing Group (TSE:3675) Is Increasing Its Dividend To ¥7.00
Oct 10
Cross Marketing Group Inc.'s (TSE:3675) Popularity With Investors Under Threat As Stock Sinks 27%
Aug 05There's Reason For Concern Over Cross Marketing Group Inc.'s (TSE:3675) Massive 25% Price Jump
Jun 17Cross 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 (¥11.6B) exceed its short term liabilities (¥5.1B).
Long Term Liabilities: 3675's short term assets (¥11.6B) exceed its long term liabilities (¥3.5B).
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 82% to 67.7% over the past 5 years.
Debt Coverage: 3675's debt is well covered by operating cash flow (33.9%).
Interest Coverage: 3675's interest payments on its debt are well covered by EBIT (46.2x coverage).