Japan Airlines Balance Sheet Health
Financial Health criteria checks 5/6
Japan Airlines has a total shareholder equity of ¥915.3B and total debt of ¥897.7B, which brings its debt-to-equity ratio to 98.1%. Its total assets and total liabilities are ¥2,621.5B and ¥1,706.2B respectively. Japan Airlines's EBIT is ¥139.1B making its interest coverage ratio 38.3. It has cash and short-term investments of ¥698.3B.
Key information
98.1%
Debt to equity ratio
JP¥897.72b
Debt
| Interest coverage ratio | 38.3x |
| Cash | JP¥698.30b |
| Equity | JP¥915.33b |
| Total liabilities | JP¥1.71t |
| Total assets | JP¥2.62t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9201's short term assets (¥990.7B) exceed its short term liabilities (¥718.4B).
Long Term Liabilities: 9201's short term assets (¥990.7B) exceed its long term liabilities (¥987.8B).
Debt to Equity History and Analysis
Debt Level: 9201's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: 9201's debt to equity ratio has increased from 10.8% to 98.1% over the past 5 years.
Debt Coverage: 9201's debt is well covered by operating cash flow (41.7%).
Interest Coverage: 9201's interest payments on its debt are well covered by EBIT (38.3x coverage).