Jenoptik Balance Sheet Health
Financial Health criteria checks 4/6
Jenoptik has a total shareholder equity of €855.5M and total debt of €487.3M, which brings its debt-to-equity ratio to 57%. Its total assets and total liabilities are €1.7B and €826.3M respectively. Jenoptik's EBIT is €140.8M making its interest coverage ratio 6.2. It has cash and short-term investments of €50.7M.
Key information
57.0%
Debt to equity ratio
€487.30m
Debt
Interest coverage ratio | 6.2x |
Cash | €50.68m |
Equity | €855.54m |
Total liabilities | €826.26m |
Total assets | €1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JEND's short term assets (€558.4M) exceed its short term liabilities (€290.5M).
Long Term Liabilities: JEND's short term assets (€558.4M) exceed its long term liabilities (€535.8M).
Debt to Equity History and Analysis
Debt Level: JEND's net debt to equity ratio (51%) is considered high.
Reducing Debt: JEND's debt to equity ratio has increased from 23.9% to 57% over the past 5 years.
Debt Coverage: JEND's debt is well covered by operating cash flow (31.2%).
Interest Coverage: JEND's interest payments on its debt are well covered by EBIT (6.2x coverage).