Japan Oil Transportation Balance Sheet Health
Financial Health criteria checks 6/6
Japan Oil Transportation has a total shareholder equity of ¥25.0B and total debt of ¥301.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ¥41.1B and ¥16.1B respectively. Japan Oil Transportation's EBIT is ¥1.6B making its interest coverage ratio -17. It has cash and short-term investments of ¥6.5B.
Key information
1.2%
Debt to equity ratio
JP¥301.00m
Debt
Interest coverage ratio | -17x |
Cash | JP¥6.52b |
Equity | JP¥25.01b |
Total liabilities | JP¥16.08b |
Total assets | JP¥41.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9074's short term assets (¥11.5B) exceed its short term liabilities (¥7.5B).
Long Term Liabilities: 9074's short term assets (¥11.5B) exceed its long term liabilities (¥8.6B).
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 2.8% to 1.2% over the past 5 years.
Debt Coverage: 9074's debt is well covered by operating cash flow (1655.8%).
Interest Coverage: 9074 earns more interest than it pays, so coverage of interest payments is not a concern.