Japan Cash Machine Balance Sheet Health
Financial Health criteria checks 4/6
Japan Cash Machine has a total shareholder equity of ¥28.7B and total debt of ¥10.8B, which brings its debt-to-equity ratio to 37.7%. Its total assets and total liabilities are ¥47.7B and ¥19.0B respectively. Japan Cash Machine's EBIT is ¥2.8B making its interest coverage ratio -135.2. It has cash and short-term investments of ¥12.6B.
Key information
37.7%
Debt to equity ratio
JP¥10.80b
Debt
Interest coverage ratio | -135.2x |
Cash | JP¥12.58b |
Equity | JP¥28.66b |
Total liabilities | JP¥19.04b |
Total assets | JP¥47.70b |
Recent financial health updates
Recent updates
Japan Cash Machine (TSE:6418) Is Doing The Right Things To Multiply Its Share Price
Aug 13Japan Cash Machine Co., Ltd. (TSE:6418) Not Doing Enough For Some Investors As Its Shares Slump 26%
Jul 25Here's Why Japan Cash Machine (TSE:6418) Can Manage Its Debt Responsibly
Jul 04We Think You Should Be Aware Of Some Concerning Factors In Japan Cash Machine's (TSE:6418) Earnings
May 21Financial Position Analysis
Short Term Liabilities: 6418's short term assets (¥40.1B) exceed its short term liabilities (¥9.3B).
Long Term Liabilities: 6418's short term assets (¥40.1B) exceed its long term liabilities (¥9.8B).
Debt to Equity History and Analysis
Debt Level: 6418 has more cash than its total debt.
Reducing Debt: 6418's debt to equity ratio has increased from 0% to 37.7% over the past 5 years.
Debt Coverage: 6418's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6418 earns more interest than it pays, so coverage of interest payments is not a concern.