GMO Payment Gateway Balance Sheet Health
Financial Health criteria checks 6/6
GMO Payment Gateway has a total shareholder equity of ¥105.8B and total debt of ¥53.1B, which brings its debt-to-equity ratio to 50.2%. Its total assets and total liabilities are ¥344.7B and ¥238.9B respectively. GMO Payment Gateway's EBIT is ¥25.2B making its interest coverage ratio -49.8. It has cash and short-term investments of ¥174.8B.
Key information
50.2%
Debt to equity ratio
JP¥53.10b
Debt
| Interest coverage ratio | -49.8x |
| Cash | JP¥174.76b |
| Equity | JP¥105.82b |
| Total liabilities | JP¥238.88b |
| Total assets | JP¥344.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMYT.F's short term assets (¥298.1B) exceed its short term liabilities (¥204.4B).
Long Term Liabilities: GMYT.F's short term assets (¥298.1B) exceed its long term liabilities (¥34.5B).
Debt to Equity History and Analysis
Debt Level: GMYT.F has more cash than its total debt.
Reducing Debt: GMYT.F's debt to equity ratio has reduced from 123.3% to 50.2% over the past 5 years.
Debt Coverage: GMYT.F's debt is well covered by operating cash flow (93.2%).
Interest Coverage: GMYT.F earns more interest than it pays, so coverage of interest payments is not a concern.