j-Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
j-Group Holdings has a total shareholder equity of ¥2.1B and total debt of ¥5.4B, which brings its debt-to-equity ratio to 254.3%. Its total assets and total liabilities are ¥9.5B and ¥7.3B respectively. j-Group Holdings's EBIT is ¥429.0M making its interest coverage ratio 8.6. It has cash and short-term investments of ¥1.6B.
Key information
254.3%
Debt to equity ratio
JP¥5.41b
Debt
| Interest coverage ratio | 8.6x |
| Cash | JP¥1.64b |
| Equity | JP¥2.13b |
| Total liabilities | JP¥7.34b |
| Total assets | JP¥9.46b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3063's short term assets (¥2.3B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 3063's short term assets (¥2.3B) do not cover its long term liabilities (¥5.8B).
Debt to Equity History and Analysis
Debt Level: 3063's net debt to equity ratio (177.1%) is considered high.
Reducing Debt: 3063's debt to equity ratio has reduced from 273.7% to 254.3% over the past 5 years.
Debt Coverage: 3063's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: 3063's interest payments on its debt are well covered by EBIT (8.6x coverage).