Japan Aviation Electronics Industry Balance Sheet Health
Financial Health criteria checks 5/6
Japan Aviation Electronics Industry has a total shareholder equity of ¥128.0B and total debt of ¥45.3B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are ¥218.7B and ¥90.6B respectively. Japan Aviation Electronics Industry's EBIT is ¥16.9B making its interest coverage ratio -33.3. It has cash and short-term investments of ¥55.9B.
Key information
35.3%
Debt to equity ratio
JP¥45.25b
Debt
| Interest coverage ratio | -33.3x |
| Cash | JP¥55.87b |
| Equity | JP¥128.05b |
| Total liabilities | JP¥90.64b |
| Total assets | JP¥218.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8N9's short term assets (¥130.3B) exceed its short term liabilities (¥50.9B).
Long Term Liabilities: 8N9's short term assets (¥130.3B) exceed its long term liabilities (¥39.8B).
Debt to Equity History and Analysis
Debt Level: 8N9 has more cash than its total debt.
Reducing Debt: 8N9's debt to equity ratio has increased from 5.4% to 35.3% over the past 5 years.
Debt Coverage: 8N9's debt is well covered by operating cash flow (82.2%).
Interest Coverage: 8N9 earns more interest than it pays, so coverage of interest payments is not a concern.