CMK Balance Sheet Health
Financial Health criteria checks 5/6
CMK has a total shareholder equity of ¥73.9B and total debt of ¥38.1B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are ¥134.3B and ¥60.3B respectively. CMK's EBIT is ¥4.2B making its interest coverage ratio -44.4. It has cash and short-term investments of ¥21.7B.
Key information
51.6%
Debt to equity ratio
JP¥38.12b
Debt
| Interest coverage ratio | -44.4x |
| Cash | JP¥21.66b |
| Equity | JP¥73.93b |
| Total liabilities | JP¥60.33b |
| Total assets | JP¥134.26b |
Recent financial health updates
Recent updates
CMK Corporation (TSE:6958) Stock's 34% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 05
Here's Why CMK (TSE:6958) Can Manage Its Debt Responsibly
Aug 02We Think That There Are Issues Underlying CMK's (TSE:6958) Earnings
May 22CMK (TSE:6958) Will Pay A Larger Dividend Than Last Year At ¥11.00
Mar 21CMK's (TSE:6958) Upcoming Dividend Will Be Larger Than Last Year's
Feb 26Financial Position Analysis
Short Term Liabilities: 6958's short term assets (¥62.7B) exceed its short term liabilities (¥29.9B).
Long Term Liabilities: 6958's short term assets (¥62.7B) exceed its long term liabilities (¥30.5B).
Debt to Equity History and Analysis
Debt Level: 6958's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: 6958's debt to equity ratio has increased from 48.8% to 51.6% over the past 5 years.
Debt Coverage: 6958's debt is well covered by operating cash flow (24.8%).
Interest Coverage: 6958 earns more interest than it pays, so coverage of interest payments is not a concern.