JVCKENWOOD Balance Sheet Health
Financial Health criteria checks 6/6
JVCKENWOOD has a total shareholder equity of ¥121.2B and total debt of ¥57.3B, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are ¥316.8B and ¥195.6B respectively. JVCKENWOOD's EBIT is ¥18.3B making its interest coverage ratio 34.7. It has cash and short-term investments of ¥62.8B.
Key information
47.3%
Debt to equity ratio
JP¥57.30b
Debt
| Interest coverage ratio | 34.7x |
| Cash | JP¥62.79b |
| Equity | JP¥121.22b |
| Total liabilities | JP¥195.60b |
| Total assets | JP¥316.82b |
Recent financial health updates
Recent updates
Here's Why JVCKENWOOD (TSE:6632) Has A Meaningful Debt Burden
Apr 17
JVCKENWOOD (TSE:6632) Has Announced That Its Dividend Will Be Reduced To ¥8.00
Mar 12JVCKENWOOD Corporation's (TSE:6632) Shares Leap 29% Yet They're Still Not Telling The Full Story
Mar 03JVCKENWOOD (TSE:6632) Is Reducing Its Dividend To ¥8.00
Feb 27Financial Position Analysis
Short Term Liabilities: 6632's short term assets (¥206.0B) exceed its short term liabilities (¥121.7B).
Long Term Liabilities: 6632's short term assets (¥206.0B) exceed its long term liabilities (¥73.9B).
Debt to Equity History and Analysis
Debt Level: 6632 has more cash than its total debt.
Reducing Debt: 6632's debt to equity ratio has reduced from 109.2% to 47.3% over the past 5 years.
Debt Coverage: 6632's debt is well covered by operating cash flow (57.9%).
Interest Coverage: 6632's interest payments on its debt are well covered by EBIT (34.7x coverage).