Japan Oil Transportation Balance Sheet Health
Financial Health criteria checks 6/6
Japan Oil Transportation has a total shareholder equity of ¥25.1B and total debt of ¥342.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ¥40.9B and ¥15.9B respectively. Japan Oil Transportation's EBIT is ¥1.7B making its interest coverage ratio -18.8. It has cash and short-term investments of ¥6.7B.
Key information
1.4%
Debt to equity ratio
JP¥342.00m
Debt
| Interest coverage ratio | -18.8x |
| Cash | JP¥6.66b |
| Equity | JP¥25.06b |
| Total liabilities | JP¥15.86b |
| Total assets | JP¥40.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9074's short term assets (¥10.9B) exceed its short term liabilities (¥6.7B).
Long Term Liabilities: 9074's short term assets (¥10.9B) exceed its long term liabilities (¥9.1B).
Debt to Equity History and Analysis
Debt Level: 9074 has more cash than its total debt.
Reducing Debt: 9074's debt to equity ratio has reduced from 2% to 1.4% over the past 5 years.
Debt Coverage: 9074's debt is well covered by operating cash flow (1401.8%).
Interest Coverage: 9074 earns more interest than it pays, so coverage of interest payments is not a concern.