Japan Tobacco Balance Sheet Health
Financial Health criteria checks 6/6
Japan Tobacco has a total shareholder equity of ¥3,972.1B and total debt of ¥1,078.2B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are ¥6,946.0B and ¥2,974.0B respectively. Japan Tobacco's EBIT is ¥667.3B making its interest coverage ratio 10.8. It has cash and short-term investments of ¥895.7B.
Key information
27.1%
Debt to equity ratio
JP¥1.08t
Debt
| Interest coverage ratio | 10.8x |
| Cash | JP¥895.66b |
| Equity | JP¥3.97t |
| Total liabilities | JP¥2.97t |
| Total assets | JP¥6.95t |
Recent financial health updates
Here's Why Japan Tobacco (TSE:2914) Can Manage Its Debt Responsibly
Oct 29
Here's Why Japan Tobacco (TSE:2914) Can Manage Its Debt Responsibly
Jul 11Recent updates
Japan Tobacco Inc.'s (TSE:2914) Intrinsic Value Is Potentially 84% Above Its Share Price
Nov 19Japan Tobacco Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 03Here's Why Japan Tobacco (TSE:2914) Can Manage Its Debt Responsibly
Oct 29Japan Tobacco Inc.'s (TSE:2914) Business Is Yet to Catch Up With Its Share Price
Oct 13Return Trends At Japan Tobacco (TSE:2914) Aren't Appealing
Sep 02Japan Tobacco Inc. (TSE:2914) Just Released Its Half-Year Earnings: Here's What Analysts Think
Aug 05Does Japan Tobacco (TSE:2914) Deserve A Spot On Your Watchlist?
Jul 25Here's Why Japan Tobacco (TSE:2914) Can Manage Its Debt Responsibly
Jul 11Japan Tobacco's (TSE:2914) Dividend Will Be ¥97.00
Jun 19Getting In Cheap On Japan Tobacco Inc. (TSE:2914) Is Unlikely
May 26Results: Japan Tobacco Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
May 13Japan Tobacco (TSE:2914) Has Announced A Dividend Of ¥97.00
May 10Japan Tobacco (TSE:2914) Has More To Do To Multiply In Value Going Forward
May 09Japan Tobacco (TSE:2914) Has Announced A Dividend Of ¥97.00
Apr 25Japan Tobacco (TSE:2914) Will Pay A Dividend Of ¥97.00
Apr 11Financial Position Analysis
Short Term Liabilities: 2914's short term assets (¥2,985.6B) exceed its short term liabilities (¥1,577.0B).
Long Term Liabilities: 2914's short term assets (¥2,985.6B) exceed its long term liabilities (¥1,396.9B).
Debt to Equity History and Analysis
Debt Level: 2914's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 2914's debt to equity ratio has reduced from 40.3% to 27.1% over the past 5 years.
Debt Coverage: 2914's debt is well covered by operating cash flow (43.5%).
Interest Coverage: 2914's interest payments on its debt are well covered by EBIT (10.8x coverage).