JEOL Balance Sheet Health
Financial Health criteria checks 5/6
JEOL has a total shareholder equity of ¥110.6B and total debt of ¥15.6B, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are ¥217.9B and ¥107.3B respectively. JEOL's EBIT is ¥20.0B making its interest coverage ratio -66.4. It has cash and short-term investments of ¥23.4B.
Key information
14.1%
Debt to equity ratio
JP¥15.65b
Debt
Interest coverage ratio | -66.4x |
Cash | JP¥23.43b |
Equity | JP¥110.61b |
Total liabilities | JP¥107.27b |
Total assets | JP¥217.87b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6951's short term assets (¥160.1B) exceed its short term liabilities (¥87.7B).
Long Term Liabilities: 6951's short term assets (¥160.1B) exceed its long term liabilities (¥19.6B).
Debt to Equity History and Analysis
Debt Level: 6951 has more cash than its total debt.
Reducing Debt: 6951's debt to equity ratio has reduced from 58.7% to 14.1% over the past 5 years.
Debt Coverage: 6951's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 6951 earns more interest than it pays, so coverage of interest payments is not a concern.