Japan Electronic Materials Balance Sheet Health
Financial Health criteria checks 5/6
Japan Electronic Materials has a total shareholder equity of ¥26.3B and total debt of ¥5.2B, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are ¥35.5B and ¥9.2B respectively. Japan Electronic Materials's EBIT is ¥2.9B making its interest coverage ratio 263.8. It has cash and short-term investments of ¥12.8B.
Key information
19.7%
Debt to equity ratio
JP¥5.19b
Debt
| Interest coverage ratio | 263.8x |
| Cash | JP¥12.76b |
| Equity | JP¥26.29b |
| Total liabilities | JP¥9.23b |
| Total assets | JP¥35.52b |
Recent financial health updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Japan Electronic Materials' (TSE:6855) Earnings
Nov 15
Market Cool On Japan Electronic Materials Corporation's (TSE:6855) Earnings Pushing Shares 26% Lower
Nov 14Japan Electronic Materials Corporation (TSE:6855) Just Reported, And Analysts Assigned A JP¥5,200 Price Target
Nov 12What Is Japan Electronic Materials Corporation's (TSE:6855) Share Price Doing?
Sep 04Japan Electronic Materials Corporation (TSE:6855) Analysts Are Pretty Bullish On The Stock After Recent Results
Aug 10Take Care Before Jumping Onto Japan Electronic Materials Corporation (TSE:6855) Even Though It's 26% Cheaper
Aug 03Japan Electronic Materials (TSE:6855) Is Paying Out A Dividend Of ¥20.00
Jul 25Japan Electronic Materials (TSE:6855) Has Announced A Dividend Of ¥20.00
Jul 11Rainbows and Unicorns: The Japan Electronic Materials Corporation (TSE:6855) Analyst Just Became A Lot More Optimistic
May 25Subdued Growth No Barrier To Japan Electronic Materials Corporation (TSE:6855) With Shares Advancing 54%
May 21Here's Why Japan Electronic Materials (TSE:6855) Can Manage Its Debt Responsibly
Apr 22Japan Electronic Materials (TSE:6855) Has Affirmed Its Dividend Of ¥20.00
Mar 12Japan Electronic Materials Corporation (TSE:6855) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Feb 28Japan Electronic Materials (TSE:6855) Has Affirmed Its Dividend Of ¥20.00
Feb 27Financial Position Analysis
Short Term Liabilities: 6855's short term assets (¥25.9B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 6855's short term assets (¥25.9B) exceed its long term liabilities (¥4.0B).
Debt to Equity History and Analysis
Debt Level: 6855 has more cash than its total debt.
Reducing Debt: 6855's debt to equity ratio has reduced from 54% to 19.7% over the past 5 years.
Debt Coverage: 6855's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 6855's interest payments on its debt are well covered by EBIT (263.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 09:05 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Japan Electronic Materials Corporation is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mitsuhiro Osawa | Ichiyoshi Research Institute Inc. |
| Zhihong Wu | KGI Securities Co. Ltd. |
| Jiyong Oum | Nomura Securities Co. Ltd. |