J.S.B.Co.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
J.S.B.Co.Ltd has a total shareholder equity of ¥32.3B and total debt of ¥21.9B, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are ¥72.0B and ¥39.7B respectively. J.S.B.Co.Ltd's EBIT is ¥7.0B making its interest coverage ratio 65.2. It has cash and short-term investments of ¥15.0B.
Key information
67.8%
Debt to equity ratio
JP¥21.88b
Debt
Interest coverage ratio | 65.2x |
Cash | JP¥15.04b |
Equity | JP¥32.29b |
Total liabilities | JP¥39.75b |
Total assets | JP¥72.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3480's short term assets (¥17.1B) exceed its short term liabilities (¥16.6B).
Long Term Liabilities: 3480's short term assets (¥17.1B) do not cover its long term liabilities (¥23.1B).
Debt to Equity History and Analysis
Debt Level: 3480's net debt to equity ratio (21.2%) is considered satisfactory.
Reducing Debt: 3480's debt to equity ratio has reduced from 73.1% to 67.8% over the past 5 years.
Debt Coverage: 3480's debt is well covered by operating cash flow (28.5%).
Interest Coverage: 3480's interest payments on its debt are well covered by EBIT (65.2x coverage).