JAPAN MATERIAL Balance Sheet Health
Financial Health criteria checks 6/6
JAPAN MATERIAL has a total shareholder equity of ¥49.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥58.0B and ¥8.3B respectively. JAPAN MATERIAL's EBIT is ¥9.1B making its interest coverage ratio -233.2. It has cash and short-term investments of ¥10.4B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -233.2x |
| Cash | JP¥10.44b |
| Equity | JP¥49.70b |
| Total liabilities | JP¥8.25b |
| Total assets | JP¥57.96b |
Recent financial health updates
No updates
Recent updates
Earnings Miss: JAPAN MATERIAL Co., Ltd. Missed EPS By 25% And Analysts Are Revising Their Forecasts
Nov 17
JAPAN MATERIAL (TSE:6055) Will Pay A Larger Dividend Than Last Year At ¥22.00
Nov 14Why We're Not Concerned About JAPAN MATERIAL Co., Ltd.'s (TSE:6055) Share Price
Nov 05JAPAN MATERIAL (TSE:6055) Will Be Hoping To Turn Its Returns On Capital Around
Oct 18JAPAN MATERIAL Co., Ltd.'s (TSE:6055) Popularity With Investors Is Clear
Jul 19Estimating The Intrinsic Value Of JAPAN MATERIAL Co., Ltd. (TSE:6055)
May 08What Does JAPAN MATERIAL Co., Ltd.'s (TSE:6055) Share Price Indicate?
Apr 17Market Participants Recognise JAPAN MATERIAL Co., Ltd.'s (TSE:6055) Earnings
Apr 01Financial Position Analysis
Short Term Liabilities: 6055's short term assets (¥39.2B) exceed its short term liabilities (¥6.8B).
Long Term Liabilities: 6055's short term assets (¥39.2B) exceed its long term liabilities (¥1.4B).
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 6.7%.
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.