JTEC Balance Sheet Health
Financial Health criteria checks 5/6
JTEC has a total shareholder equity of ¥2.3B and total debt of ¥559.0M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are ¥3.2B and ¥894.0M respectively. JTEC's EBIT is ¥222.0M making its interest coverage ratio 74. It has cash and short-term investments of ¥831.0M.
Key information
23.9%
Debt to equity ratio
JP¥559.00m
Debt
Interest coverage ratio | 74x |
Cash | JP¥831.00m |
Equity | JP¥2.34b |
Total liabilities | JP¥894.00m |
Total assets | JP¥3.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3446's short term assets (¥1.4B) exceed its short term liabilities (¥398.0M).
Long Term Liabilities: 3446's short term assets (¥1.4B) exceed its long term liabilities (¥496.0M).
Debt to Equity History and Analysis
Debt Level: 3446 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 3446's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3446's debt is well covered by operating cash flow (57.6%).
Interest Coverage: 3446's interest payments on its debt are well covered by EBIT (74x coverage).