MCJ Balance Sheet Health
Financial Health criteria checks 6/6
MCJ has a total shareholder equity of ¥78.7B and total debt of ¥20.7B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are ¥126.0B and ¥47.4B respectively. MCJ's EBIT is ¥16.8B making its interest coverage ratio -68.7. It has cash and short-term investments of ¥50.2B.
Key information
26.3%
Debt to equity ratio
JP¥20.68b
Debt
Interest coverage ratio | -68.7x |
Cash | JP¥50.17b |
Equity | JP¥78.67b |
Total liabilities | JP¥47.35b |
Total assets | JP¥126.02b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6670's short term assets (¥112.2B) exceed its short term liabilities (¥39.3B).
Long Term Liabilities: 6670's short term assets (¥112.2B) exceed its long term liabilities (¥8.0B).
Debt to Equity History and Analysis
Debt Level: 6670 has more cash than its total debt.
Reducing Debt: 6670's debt to equity ratio has reduced from 38.6% to 26.3% over the past 5 years.
Debt Coverage: 6670's debt is well covered by operating cash flow (100.8%).
Interest Coverage: 6670 earns more interest than it pays, so coverage of interest payments is not a concern.