J-LeaseLtd Balance Sheet Health
Financial Health criteria checks 6/6
J-LeaseLtd has a total shareholder equity of ¥4.0B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are ¥10.4B and ¥6.3B respectively. J-LeaseLtd's EBIT is ¥2.5B making its interest coverage ratio 164.2. It has cash and short-term investments of ¥1.4B.
Key information
39.4%
Debt to equity ratio
JP¥1.59b
Debt
Interest coverage ratio | 164.2x |
Cash | JP¥1.45b |
Equity | JP¥4.04b |
Total liabilities | JP¥6.32b |
Total assets | JP¥10.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7187's short term assets (¥8.4B) exceed its short term liabilities (¥6.1B).
Long Term Liabilities: 7187's short term assets (¥8.4B) exceed its long term liabilities (¥207.0M).
Debt to Equity History and Analysis
Debt Level: 7187's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: 7187's debt to equity ratio has reduced from 514.2% to 39.4% over the past 5 years.
Debt Coverage: 7187's debt is well covered by operating cash flow (106.4%).
Interest Coverage: 7187's interest payments on its debt are well covered by EBIT (164.2x coverage).