Jenoptik Balance Sheet Health
Financial Health criteria checks 4/6
Jenoptik has a total shareholder equity of €939.5M and total debt of €480.1M, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are €1.7B and €741.3M respectively. Jenoptik's EBIT is €159.1M making its interest coverage ratio 7.4. It has cash and short-term investments of €58.7M.
Key information
51.1%
Debt to equity ratio
€480.11m
Debt
| Interest coverage ratio | 7.4x |
| Cash | €58.73m |
| Equity | €939.53m |
| Total liabilities | €741.33m |
| Total assets | €1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JEN's short term assets (€581.7M) exceed its short term liabilities (€254.3M).
Long Term Liabilities: JEN's short term assets (€581.7M) exceed its long term liabilities (€487.0M).
Debt to Equity History and Analysis
Debt Level: JEN's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: JEN's debt to equity ratio has increased from 15.8% to 51.1% over the past 5 years.
Debt Coverage: JEN's debt is well covered by operating cash flow (39.6%).
Interest Coverage: JEN's interest payments on its debt are well covered by EBIT (7.4x coverage).