Japan Tobacco Balance Sheet Health
Financial Health criteria checks 6/6
Japan Tobacco has a total shareholder equity of ¥4,525.3B and total debt of ¥1,152.5B, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are ¥7,868.7B and ¥3,343.4B respectively. Japan Tobacco's EBIT is ¥663.8B making its interest coverage ratio -31.8. It has cash and short-term investments of ¥1,112.3B.
Key information
25.5%
Debt to equity ratio
JP¥1.15t
Debt
| Interest coverage ratio | -31.8x |
| Cash | JP¥1.11t |
| Equity | JP¥4.53t |
| Total liabilities | JP¥3.34t |
| Total assets | JP¥7.87t |
Recent financial health updates
Recent updates
Japan Tobacco Inc. (TSE:2914) Just Released Its Half-Year Earnings: Here's What Analysts Think
Aug 05
Does 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 (¥3,461.4B) exceed its short term liabilities (¥1,734.3B).
Long Term Liabilities: 2914's short term assets (¥3,461.4B) exceed its long term liabilities (¥1,609.1B).
Debt to Equity History and Analysis
Debt Level: 2914's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 2914's debt to equity ratio has reduced from 38.5% to 25.5% over the past 5 years.
Debt Coverage: 2914's debt is well covered by operating cash flow (53.8%).
Interest Coverage: 2914 earns more interest than it pays, so coverage of interest payments is not a concern.