j-Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
j-Group Holdings has a total shareholder equity of ¥1.6B and total debt of ¥5.6B, which brings its debt-to-equity ratio to 350.4%. Its total assets and total liabilities are ¥9.1B and ¥7.6B respectively. j-Group Holdings's EBIT is ¥310.0M making its interest coverage ratio 5.3. It has cash and short-term investments of ¥1.3B.
Key information
350.4%
Debt to equity ratio
JP¥5.59b
Debt
Interest coverage ratio | 5.3x |
Cash | JP¥1.26b |
Equity | JP¥1.59b |
Total liabilities | JP¥7.56b |
Total assets | JP¥9.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3063's short term assets (¥2.0B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 3063's short term assets (¥2.0B) do not cover its long term liabilities (¥5.9B).
Debt to Equity History and Analysis
Debt Level: 3063's net debt to equity ratio (271.1%) is considered high.
Reducing Debt: 3063's debt to equity ratio has increased from 263% to 350.4% over the past 5 years.
Debt Coverage: 3063's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: 3063's interest payments on its debt are well covered by EBIT (5.3x coverage).