JAPAN MATERIAL Co., Ltd.

TSE:6055 Stock Report

Market Cap: JP¥245.1b

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
CashJP¥4.79b
EquityJP¥46.41b
Total liabilitiesJP¥8.12b
Total assetsJP¥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.


Balance Sheet


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