Canon Marketing Japan Balance Sheet Health
Financial Health criteria checks 5/6
Canon Marketing Japan has a total shareholder equity of ¥364.1B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ¥494.5B and ¥130.4B respectively. Canon Marketing Japan's EBIT is ¥51.1B making its interest coverage ratio -68.5. It has cash and short-term investments of ¥111.7B.
Key information
0.8%
Debt to equity ratio
JP¥3.09b
Debt
| Interest coverage ratio | -68.5x |
| Cash | JP¥111.74b |
| Equity | JP¥364.14b |
| Total liabilities | JP¥130.39b |
| Total assets | JP¥494.53b |
Recent financial health updates
Recent updates
We Like These Underlying Return On Capital Trends At Canon Marketing Japan (TSE:8060)
Nov 22
Canon Marketing Japan Inc. Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next
Oct 25Some Shareholders Feeling Restless Over Canon Marketing Japan Inc.'s (TSE:8060) P/E Ratio
Oct 03Is Canon Marketing Japan Inc. (TSE:8060) Trading At A 30% Discount?
Sep 20With EPS Growth And More, Canon Marketing Japan (TSE:8060) Makes An Interesting Case
Sep 06Returns On Capital Are Showing Encouraging Signs At Canon Marketing Japan (TSE:8060)
Aug 22Is Canon Marketing Japan (TSE:8060) A Risky Investment?
Jul 12Earnings Not Telling The Story For Canon Marketing Japan Inc. (TSE:8060)
Jun 13Is There An Opportunity With Canon Marketing Japan Inc.'s (TSE:8060) 21% Undervaluation?
May 28Earnings Miss: Canon Marketing Japan Inc. Missed EPS By 13% And Analysts Are Revising Their Forecasts
Apr 26Canon Marketing Japan (TSE:8060) Is Looking To Continue Growing Its Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 8060's short term assets (¥317.7B) exceed its short term liabilities (¥116.7B).
Long Term Liabilities: 8060's short term assets (¥317.7B) exceed its long term liabilities (¥13.6B).
Debt to Equity History and Analysis
Debt Level: 8060 has more cash than its total debt.
Reducing Debt: 8060's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 8060's debt is well covered by operating cash flow (1632.1%).
Interest Coverage: 8060 earns more interest than it pays, so coverage of interest payments is not a concern.