JANOME Balance Sheet Health
Financial Health criteria checks 6/6
JANOME has a total shareholder equity of ¥33.3B and total debt of ¥5.1B, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are ¥50.8B and ¥17.5B respectively. JANOME's EBIT is ¥1.9B making its interest coverage ratio 214.3. It has cash and short-term investments of ¥7.5B.
Key information
15.3%
Debt to equity ratio
JP¥5.11b
Debt
Interest coverage ratio | 214.3x |
Cash | JP¥7.51b |
Equity | JP¥33.32b |
Total liabilities | JP¥17.51b |
Total assets | JP¥50.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6445's short term assets (¥25.9B) exceed its short term liabilities (¥9.7B).
Long Term Liabilities: 6445's short term assets (¥25.9B) exceed its long term liabilities (¥7.8B).
Debt to Equity History and Analysis
Debt Level: 6445 has more cash than its total debt.
Reducing Debt: 6445's debt to equity ratio has reduced from 43.1% to 15.3% over the past 5 years.
Debt Coverage: 6445's debt is well covered by operating cash flow (33.7%).
Interest Coverage: 6445's interest payments on its debt are well covered by EBIT (214.3x coverage).