JSS Balance Sheet Health
Financial Health criteria checks 4/6
JSS has a total shareholder equity of ¥2.8B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are ¥6.4B and ¥3.6B respectively. JSS's EBIT is ¥360.0M making its interest coverage ratio 72. It has cash and short-term investments of ¥829.0M.
Key information
61.4%
Debt to equity ratio
JP¥1.74b
Debt
Interest coverage ratio | 72x |
Cash | JP¥829.00m |
Equity | JP¥2.83b |
Total liabilities | JP¥3.60b |
Total assets | JP¥6.43b |
Financial Position Analysis
Short Term Liabilities: 6074's short term assets (¥1.2B) do not cover its short term liabilities (¥1.9B).
Long Term Liabilities: 6074's short term assets (¥1.2B) do not cover its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 6074's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: 6074's debt to equity ratio has reduced from 71.5% to 61.4% over the past 5 years.
Debt Coverage: 6074's debt is well covered by operating cash flow (20%).
Interest Coverage: 6074's interest payments on its debt are well covered by EBIT (72x coverage).