JB Eleven Balance Sheet Health
Financial Health criteria checks 4/6
JB Eleven has a total shareholder equity of ¥1.3B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 165.9%. Its total assets and total liabilities are ¥4.9B and ¥3.6B respectively. JB Eleven's EBIT is ¥121.0M making its interest coverage ratio 7.6. It has cash and short-term investments of ¥1.3B.
Key information
165.9%
Debt to equity ratio
JP¥2.22b
Debt
| Interest coverage ratio | 7.6x |
| Cash | JP¥1.25b |
| Equity | JP¥1.34b |
| Total liabilities | JP¥3.56b |
| Total assets | JP¥4.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3066's short term assets (¥1.7B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 3066's short term assets (¥1.7B) do not cover its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 3066's net debt to equity ratio (72%) is considered high.
Reducing Debt: 3066's debt to equity ratio has reduced from 226.8% to 165.9% over the past 5 years.
Debt Coverage: 3066's debt is well covered by operating cash flow (32.1%).
Interest Coverage: 3066's interest payments on its debt are well covered by EBIT (7.6x coverage).