Japan Communications Balance Sheet Health
Financial Health criteria checks 6/6
Japan Communications has a total shareholder equity of ¥3.0B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥4.4B and ¥1.4B respectively. Japan Communications's EBIT is ¥1.1B making its interest coverage ratio 1139. It has cash and short-term investments of ¥2.5B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | 1139x |
Cash | JP¥2.52b |
Equity | JP¥2.98b |
Total liabilities | JP¥1.43b |
Total assets | JP¥4.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9424's short term assets (¥3.6B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 9424's short term assets (¥3.6B) exceed its long term liabilities (¥129.0M).
Debt to Equity History and Analysis
Debt Level: 9424 is debt free.
Reducing Debt: 9424 has no debt compared to 5 years ago when its debt to equity ratio was 8.2%.
Debt Coverage: 9424 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9424 has no debt, therefore coverage of interest payments is not a concern.