JK Holdings Balance Sheet Health
Financial Health criteria checks 6/6
JK Holdings has a total shareholder equity of ¥61.4B and total debt of ¥37.5B, which brings its debt-to-equity ratio to 61.1%. Its total assets and total liabilities are ¥238.2B and ¥176.8B respectively. JK Holdings's EBIT is ¥5.9B making its interest coverage ratio 32.3. It has cash and short-term investments of ¥56.1B.
Key information
61.1%
Debt to equity ratio
JP¥37.53b
Debt
Interest coverage ratio | 32.3x |
Cash | JP¥56.10b |
Equity | JP¥61.39b |
Total liabilities | JP¥176.80b |
Total assets | JP¥238.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9896's short term assets (¥167.6B) exceed its short term liabilities (¥153.4B).
Long Term Liabilities: 9896's short term assets (¥167.6B) exceed its long term liabilities (¥23.4B).
Debt to Equity History and Analysis
Debt Level: 9896 has more cash than its total debt.
Reducing Debt: 9896's debt to equity ratio has reduced from 109.7% to 61.1% over the past 5 years.
Debt Coverage: 9896's debt is well covered by operating cash flow (61%).
Interest Coverage: 9896's interest payments on its debt are well covered by EBIT (32.3x coverage).