GMO internet group Balance Sheet Health
Financial Health criteria checks 4/6
GMO internet group has a total shareholder equity of ¥192.1B and total debt of ¥533.2B, which brings its debt-to-equity ratio to 277.5%. Its total assets and total liabilities are ¥1,925.0B and ¥1,732.9B respectively. GMO internet group's EBIT is ¥45.6B making its interest coverage ratio -44.3. It has cash and short-term investments of ¥933.2B.
Key information
277.5%
Debt to equity ratio
JP¥533.15b
Debt
| Interest coverage ratio | -44.3x |
| Cash | JP¥933.19b |
| Equity | JP¥192.10b |
| Total liabilities | JP¥1.73t |
| Total assets | JP¥1.93t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMYO.Y's short term assets (¥1,740.1B) exceed its short term liabilities (¥1,413.9B).
Long Term Liabilities: GMYO.Y's short term assets (¥1,740.1B) exceed its long term liabilities (¥319.0B).
Debt to Equity History and Analysis
Debt Level: GMYO.Y has more cash than its total debt.
Reducing Debt: GMYO.Y's debt to equity ratio has increased from 114.8% to 277.5% over the past 5 years.
Debt Coverage: GMYO.Y's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: GMYO.Y earns more interest than it pays, so coverage of interest payments is not a concern.