Japan Metropolitan Fund Investment Balance Sheet Health
Financial Health criteria checks 2/6
Japan Metropolitan Fund Investment has a total shareholder equity of ¥625.4B and total debt of ¥550.1B, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are ¥1,248.1B and ¥622.7B respectively. Japan Metropolitan Fund Investment's EBIT is ¥36.1B making its interest coverage ratio 11.1. It has cash and short-term investments of ¥34.8B.
Key information
88.0%
Debt to equity ratio
JP¥550.15b
Debt
Interest coverage ratio | 11.1x |
Cash | JP¥34.75b |
Equity | JP¥625.36b |
Total liabilities | JP¥622.72b |
Total assets | JP¥1.25t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8953's short term assets (¥60.1B) do not cover its short term liabilities (¥87.4B).
Long Term Liabilities: 8953's short term assets (¥60.1B) do not cover its long term liabilities (¥535.3B).
Debt to Equity History and Analysis
Debt Level: 8953's net debt to equity ratio (82.4%) is considered high.
Reducing Debt: 8953's debt to equity ratio has reduced from 93.6% to 88% over the past 5 years.
Debt Coverage: 8953's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 8953's interest payments on its debt are well covered by EBIT (11.1x coverage).