MCJ Balance Sheet Health
Financial Health criteria checks 6/6
MCJ has a total shareholder equity of ¥85.6B and total debt of ¥11.7B, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are ¥121.8B and ¥36.3B respectively. MCJ's EBIT is ¥18.4B making its interest coverage ratio -30.8. It has cash and short-term investments of ¥48.8B.
Key information
13.6%
Debt to equity ratio
JP¥11.66b
Debt
| Interest coverage ratio | -30.8x |
| Cash | JP¥48.85b |
| Equity | JP¥85.57b |
| Total liabilities | JP¥36.27b |
| Total assets | JP¥121.84b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That MCJ (TSE:6670) Is Using Debt Safely
Aug 27
Why Investors Shouldn't Be Surprised By MCJ Co., Ltd.'s (TSE:6670) 26% Share Price Plunge
Aug 05Shareholders Are Optimistic That MCJ (TSE:6670) Will Multiply In Value
Jul 22Here's Why We Think MCJ (TSE:6670) Is Well Worth Watching
Jun 20Financial Position Analysis
Short Term Liabilities: 6670's short term assets (¥107.2B) exceed its short term liabilities (¥30.1B).
Long Term Liabilities: 6670's short term assets (¥107.2B) exceed its long term liabilities (¥6.2B).
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 36% to 13.6% over the past 5 years.
Debt Coverage: 6670's debt is well covered by operating cash flow (116.6%).
Interest Coverage: 6670 earns more interest than it pays, so coverage of interest payments is not a concern.