J.E.T Balance Sheet Health
Financial Health criteria checks 4/6
J.E.T has a total shareholder equity of ¥12.0B and total debt of ¥8.1B, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are ¥30.5B and ¥18.5B respectively. J.E.T's EBIT is ¥2.2B making its interest coverage ratio 45.5. It has cash and short-term investments of ¥3.7B.
Key information
67.7%
Debt to equity ratio
JP¥8.13b
Debt
Interest coverage ratio | 45.5x |
Cash | JP¥3.72b |
Equity | JP¥12.00b |
Total liabilities | JP¥18.53b |
Total assets | JP¥30.53b |
Recent financial health updates
Recent updates
J.E.T. Co., Ltd.'s (TSE:6228) Stock Retreats 25% But Earnings Haven't Escaped The Attention Of Investors
May 09J.E.T's (TSE:6228) Promising Earnings May Rest On Soft Foundations
Apr 06Returns On Capital At J.E.T (TSE:6228) Have Hit The Brakes
Apr 03With A 27% Price Drop For J.E.T. Co., Ltd. (TSE:6228) You'll Still Get What You Pay For
Mar 07Is J.E.T (TSE:6228) A Risky Investment?
Mar 04Financial Position Analysis
Short Term Liabilities: 6228's short term assets (¥28.9B) exceed its short term liabilities (¥13.8B).
Long Term Liabilities: 6228's short term assets (¥28.9B) exceed its long term liabilities (¥4.7B).
Debt to Equity History and Analysis
Debt Level: 6228's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: 6228's debt to equity ratio has increased from 66.4% to 67.7% over the past 5 years.
Debt Coverage: 6228's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6228's interest payments on its debt are well covered by EBIT (45.5x coverage).