JIG-SAW Balance Sheet Health
Financial Health criteria checks 6/6
JIG-SAW has a total shareholder equity of ¥3.0B and total debt of ¥474.0M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are ¥4.6B and ¥1.6B respectively. JIG-SAW's EBIT is ¥604.0M making its interest coverage ratio -86.3. It has cash and short-term investments of ¥1.9B.
Key information
15.9%
Debt to equity ratio
JP¥474.00m
Debt
| Interest coverage ratio | -86.3x |
| Cash | JP¥1.94b |
| Equity | JP¥2.99b |
| Total liabilities | JP¥1.63b |
| Total assets | JP¥4.62b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3914's short term assets (¥3.3B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 3914's short term assets (¥3.3B) exceed its long term liabilities (¥403.0M).
Debt to Equity History and Analysis
Debt Level: 3914 has more cash than its total debt.
Reducing Debt: 3914's debt to equity ratio has reduced from 19.9% to 15.9% over the past 5 years.
Debt Coverage: 3914's debt is well covered by operating cash flow (113.3%).
Interest Coverage: 3914 earns more interest than it pays, so coverage of interest payments is not a concern.