Jenoptik Balance Sheet Health
Financial Health criteria checks 5/6
Jenoptik has a total shareholder equity of €903.3M and total debt of €426.0M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are €1.7B and €763.6M respectively. Jenoptik's EBIT is €142.7M making its interest coverage ratio 6.9. It has cash and short-term investments of €67.7M.
Key information
47.2%
Debt to equity ratio
€426.00m
Debt
Interest coverage ratio | 6.9x |
Cash | €67.69m |
Equity | €903.31m |
Total liabilities | €763.60m |
Total assets | €1.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JEN's short term assets (€567.1M) exceed its short term liabilities (€273.4M).
Long Term Liabilities: JEN's short term assets (€567.1M) exceed its long term liabilities (€490.2M).
Debt to Equity History and Analysis
Debt Level: JEN's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: JEN's debt to equity ratio has increased from 19.7% to 47.2% over the past 5 years.
Debt Coverage: JEN's debt is well covered by operating cash flow (39.2%).
Interest Coverage: JEN's interest payments on its debt are well covered by EBIT (6.9x coverage).