JANOME Balance Sheet Health
Financial Health criteria checks 6/6
JANOME has a total shareholder equity of ¥34.9B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ¥50.2B and ¥15.3B respectively. JANOME's EBIT is ¥2.3B making its interest coverage ratio -52.2. It has cash and short-term investments of ¥6.9B.
Key information
7.6%
Debt to equity ratio
JP¥2.67b
Debt
| Interest coverage ratio | -52.2x |
| Cash | JP¥6.87b |
| Equity | JP¥34.92b |
| Total liabilities | JP¥15.29b |
| Total assets | JP¥50.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6445's short term assets (¥26.2B) exceed its short term liabilities (¥8.1B).
Long Term Liabilities: 6445's short term assets (¥26.2B) exceed its long term liabilities (¥7.2B).
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 45.8% to 7.6% over the past 5 years.
Debt Coverage: 6445's debt is well covered by operating cash flow (125.2%).
Interest Coverage: 6445 earns more interest than it pays, so coverage of interest payments is not a concern.