Japan Excellent Balance Sheet Health
Financial Health criteria checks 1/6
Japan Excellent has a total shareholder equity of ¥149.1B and total debt of ¥138.6B, which brings its debt-to-equity ratio to 92.9%. Its total assets and total liabilities are ¥304.0B and ¥154.9B respectively. Japan Excellent's EBIT is ¥9.4B making its interest coverage ratio 8. It has cash and short-term investments of ¥6.9B.
Key information
92.9%
Debt to equity ratio
JP¥138.60b
Debt
| Interest coverage ratio | 8x |
| Cash | JP¥6.91b |
| Equity | JP¥149.11b |
| Total liabilities | JP¥154.94b |
| Total assets | JP¥304.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8987's short term assets (¥19.8B) do not cover its short term liabilities (¥34.8B).
Long Term Liabilities: 8987's short term assets (¥19.8B) do not cover its long term liabilities (¥120.1B).
Debt to Equity History and Analysis
Debt Level: 8987's net debt to equity ratio (88.3%) is considered high.
Reducing Debt: 8987's debt to equity ratio has increased from 89.5% to 92.9% over the past 5 years.
Debt Coverage: 8987's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 8987's interest payments on its debt are well covered by EBIT (8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 22:40 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Japan Excellent, Inc. is covered by 14 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Junichi Tazawa | Barclays |
| Toshiyuki Anegawa | BofA Global Research |
| Tomohiro Sumiya | Daiwa Securities Co. Ltd. |