Jenoptik Balance Sheet Health
Financial Health criteria checks 4/6
Jenoptik has a total shareholder equity of €909.3M and total debt of €424.8M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are €1.7B and €767.0M respectively. Jenoptik's EBIT is €148.5M making its interest coverage ratio 6.9. It has cash and short-term investments of €60.8M.
Key information
46.7%
Debt to equity ratio
€424.77m
Debt
Interest coverage ratio | 6.9x |
Cash | €60.82m |
Equity | €909.31m |
Total liabilities | €767.00m |
Total assets | €1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JEN's short term assets (€585.9M) exceed its short term liabilities (€273.0M).
Long Term Liabilities: JEN's short term assets (€585.9M) exceed its long term liabilities (€494.0M).
Debt to Equity History and Analysis
Debt Level: JEN's net debt to equity ratio (40%) is considered high.
Reducing Debt: JEN's debt to equity ratio has increased from 16.7% to 46.7% over the past 5 years.
Debt Coverage: JEN's debt is well covered by operating cash flow (43.3%).
Interest Coverage: JEN's interest payments on its debt are well covered by EBIT (6.9x coverage).