Japan Petroleum Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Japan Petroleum Exploration has a total shareholder equity of ¥537.6B and total debt of ¥250.0M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are ¥660.9B and ¥123.4B respectively. Japan Petroleum Exploration's EBIT is ¥55.2B making its interest coverage ratio -9.6. It has cash and short-term investments of ¥173.0B.
Key information
0.05%
Debt to equity ratio
JP¥250.00m
Debt
| Interest coverage ratio | -9.6x |
| Cash | JP¥173.00b |
| Equity | JP¥537.57b |
| Total liabilities | JP¥123.36b |
| Total assets | JP¥660.93b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1662's short term assets (¥249.8B) exceed its short term liabilities (¥49.1B).
Long Term Liabilities: 1662's short term assets (¥249.8B) exceed its long term liabilities (¥74.3B).
Debt to Equity History and Analysis
Debt Level: 1662 has more cash than its total debt.
Reducing Debt: 1662's debt to equity ratio has reduced from 28.4% to 0.05% over the past 5 years.
Debt Coverage: 1662's debt is well covered by operating cash flow (36225.6%).
Interest Coverage: 1662 earns more interest than it pays, so coverage of interest payments is not a concern.