Japan Eyewear Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Japan Eyewear Holdings has a total shareholder equity of ¥13.3B and total debt of ¥13.7B, which brings its debt-to-equity ratio to 103.4%. Its total assets and total liabilities are ¥34.8B and ¥21.5B respectively. Japan Eyewear Holdings's EBIT is ¥3.7B making its interest coverage ratio 9.1. It has cash and short-term investments of ¥4.4B.
Key information
103.4%
Debt to equity ratio
JP¥13.72b
Debt
Interest coverage ratio | 9.1x |
Cash | JP¥4.43b |
Equity | JP¥13.27b |
Total liabilities | JP¥21.50b |
Total assets | JP¥34.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5889's short term assets (¥7.2B) exceed its short term liabilities (¥4.3B).
Long Term Liabilities: 5889's short term assets (¥7.2B) do not cover its long term liabilities (¥17.2B).
Debt to Equity History and Analysis
Debt Level: 5889's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: Insufficient data to determine if 5889's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5889's debt is well covered by operating cash flow (25.1%).
Interest Coverage: 5889's interest payments on its debt are well covered by EBIT (9.1x coverage).