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).