JGC Holdings Balance Sheet Health
Financial Health criteria checks 6/6
JGC Holdings has a total shareholder equity of ¥402.6B and total debt of ¥37.8B, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are ¥759.4B and ¥356.9B respectively. JGC Holdings's EBIT is ¥20.7B making its interest coverage ratio -1.4. It has cash and short-term investments of ¥293.7B.
Key information
9.4%
Debt to equity ratio
JP¥37.82b
Debt
Interest coverage ratio | -1.4x |
Cash | JP¥293.69b |
Equity | JP¥402.57b |
Total liabilities | JP¥356.87b |
Total assets | JP¥759.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1963's short term assets (¥580.1B) exceed its short term liabilities (¥302.5B).
Long Term Liabilities: 1963's short term assets (¥580.1B) exceed its long term liabilities (¥54.3B).
Debt to Equity History and Analysis
Debt Level: 1963 has more cash than its total debt.
Reducing Debt: 1963's debt to equity ratio has reduced from 13.8% to 9.4% over the past 5 years.
Debt Coverage: 1963's debt is well covered by operating cash flow (100.8%).
Interest Coverage: 1963 earns more interest than it pays, so coverage of interest payments is not a concern.