Japan Tobacco Balance Sheet Health
Financial Health criteria checks 6/6
Japan Tobacco has a total shareholder equity of ¥4,525.3B and total debt of ¥1,152.5B, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are ¥7,868.7B and ¥3,343.4B respectively. Japan Tobacco's EBIT is ¥663.8B making its interest coverage ratio -31.8. It has cash and short-term investments of ¥1,087.8B.
Key information
25.5%
Debt to equity ratio
JP¥1.15t
Debt
| Interest coverage ratio | -31.8x |
| Cash | JP¥1.09t |
| Equity | JP¥4.53t |
| Total liabilities | JP¥3.34t |
| Total assets | JP¥7.87t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JATA's short term assets (¥3,461.4B) exceed its short term liabilities (¥1,734.3B).
Long Term Liabilities: JATA's short term assets (¥3,461.4B) exceed its long term liabilities (¥1,609.1B).
Debt to Equity History and Analysis
Debt Level: JATA's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: JATA's debt to equity ratio has reduced from 38.5% to 25.5% over the past 5 years.
Debt Coverage: JATA's debt is well covered by operating cash flow (53.8%).
Interest Coverage: JATA earns more interest than it pays, so coverage of interest payments is not a concern.