Japan Securities Finance Balance Sheet Health
Financial Health criteria checks 2/6
Japan Securities Finance has a total shareholder equity of ¥141.2B and total debt of ¥2,546.4B, which brings its debt-to-equity ratio to 1803%. Its total assets and total liabilities are ¥16,802.5B and ¥16,661.3B respectively. Japan Securities Finance's EBIT is ¥8.6B making its interest coverage ratio -17.6. It has cash and short-term investments of ¥1,773.3B.
Key information
1,803.0%
Debt to equity ratio
JP¥2.55t
Debt
Interest coverage ratio | -17.6x |
Cash | JP¥1.77t |
Equity | JP¥141.23b |
Total liabilities | JP¥16.66t |
Total assets | JP¥16.80t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JSE's short term assets (¥16,154.4B) do not cover its short term liabilities (¥16,207.3B).
Long Term Liabilities: JSE's short term assets (¥16,154.4B) exceed its long term liabilities (¥453.9B).
Debt to Equity History and Analysis
Debt Level: JSE's net debt to equity ratio (547.4%) is considered high.
Reducing Debt: JSE's debt to equity ratio has increased from 548% to 1803% over the past 5 years.
Debt Coverage: JSE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JSE earns more interest than it pays, so coverage of interest payments is not a concern.