JAPAN MATERIAL Balance Sheet Health
Financial Health criteria checks 6/6
JAPAN MATERIAL has a total shareholder equity of ¥46.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥54.5B and ¥8.1B respectively. JAPAN MATERIAL's EBIT is ¥7.3B making its interest coverage ratio -215.2. It has cash and short-term investments of ¥4.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -215.2x |
Cash | JP¥4.79b |
Equity | JP¥46.41b |
Total liabilities | JP¥8.12b |
Total assets | JP¥54.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6055's short term assets (¥36.7B) exceed its short term liabilities (¥6.5B).
Long Term Liabilities: 6055's short term assets (¥36.7B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 6055 is debt free.
Reducing Debt: 6055 has no debt compared to 5 years ago when its debt to equity ratio was 25.7%.
Debt Coverage: 6055 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6055 has no debt, therefore coverage of interest payments is not a concern.