JEOL Balance Sheet Health
Financial Health criteria checks 6/6
JEOL has a total shareholder equity of ¥125.5B and total debt of ¥14.5B, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are ¥230.2B and ¥104.7B respectively. JEOL's EBIT is ¥27.5B making its interest coverage ratio -89.1. It has cash and short-term investments of ¥31.5B.
Key information
11.6%
Debt to equity ratio
JP¥14.53b
Debt
Interest coverage ratio | -89.1x |
Cash | JP¥31.50b |
Equity | JP¥125.51b |
Total liabilities | JP¥104.70b |
Total assets | JP¥230.21b |
Recent financial health updates
Recent updates
JEOL (TSE:6951) Seems To Use Debt Quite Sensibly
Jun 06JEOL (TSE:6951) Is Doing The Right Things To Multiply Its Share Price
Apr 22Should You Think About Buying JEOL Ltd. (TSE:6951) Now?
Apr 07JEOL Ltd.'s (TSE:6951) P/E Still Appears To Be Reasonable
Mar 25Is JEOL Ltd. (TSE:6951) Trading At A 33% Discount?
Mar 12Is JEOL (TSE:6951) A Risky Investment?
Feb 26Financial Position Analysis
Short Term Liabilities: 6951's short term assets (¥169.9B) exceed its short term liabilities (¥88.1B).
Long Term Liabilities: 6951's short term assets (¥169.9B) exceed its long term liabilities (¥16.6B).
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 50.3% to 11.6% over the past 5 years.
Debt Coverage: 6951's debt is well covered by operating cash flow (105.3%).
Interest Coverage: 6951 earns more interest than it pays, so coverage of interest payments is not a concern.