JEOL Balance Sheet Health
Financial Health criteria checks 6/6
JEOL has a total shareholder equity of ¥131.6B and total debt of ¥10.8B, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ¥229.7B and ¥98.1B respectively. JEOL's EBIT is ¥35.1B making its interest coverage ratio -108.2. It has cash and short-term investments of ¥39.6B.
Key information
8.2%
Debt to equity ratio
JP¥10.79b
Debt
| Interest coverage ratio | -108.2x |
| Cash | JP¥39.65b |
| Equity | JP¥131.64b |
| Total liabilities | JP¥98.07b |
| Total assets | JP¥229.71b |
Recent financial health updates
Is JEOL (TSE:6951) A Risky Investment?
Oct 22
JEOL (TSE:6951) Seems To Use Debt Quite Sensibly
Jun 06Is JEOL (TSE:6951) A Risky Investment?
Feb 26Recent updates
Results: JEOL Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 12Is JEOL (TSE:6951) A Risky Investment?
Oct 22JEOL (TSE:6951) Is Achieving High Returns On Its Capital
Sep 16JEOL Ltd. (TSE:6951) Looks Just Right With A 25% Price Jump
Sep 02Take Care Before Diving Into The Deep End On JEOL Ltd. (TSE:6951)
Jul 18JEOL Ltd. (TSE:6951) Shares Could Be 30% Below Their Intrinsic Value Estimate
Jun 23JEOL (TSE:6951) Seems To Use Debt Quite Sensibly
Jun 06JEOL (TSE:6951) Is Doing The Right Things To Multiply Its Share Price
Apr 22Should You Think About Buying JEOL Ltd. (TSE:6951) Now?
Apr 07JEOL Ltd.'s (TSE:6951) P/E Still Appears To Be Reasonable
Mar 25Is JEOL Ltd. (TSE:6951) Trading At A 33% Discount?
Mar 12Is JEOL (TSE:6951) A Risky Investment?
Feb 26Financial Position Analysis
Short Term Liabilities: 6951's short term assets (¥169.4B) exceed its short term liabilities (¥83.7B).
Long Term Liabilities: 6951's short term assets (¥169.4B) exceed its long term liabilities (¥14.4B).
Debt to Equity History and Analysis
Debt Level: 6951 has more cash than its total debt.
Reducing Debt: 6951's debt to equity ratio has reduced from 46.4% to 8.2% over the past 5 years.
Debt Coverage: 6951's debt is well covered by operating cash flow (288.7%).
Interest Coverage: 6951 earns more interest than it pays, so coverage of interest payments is not a concern.