Japan Airlines Balance Sheet Health
Financial Health criteria checks 5/6
Japan Airlines has a total shareholder equity of ¥955.7B and total debt of ¥931.9B, which brings its debt-to-equity ratio to 97.5%. Its total assets and total liabilities are ¥2,760.8B and ¥1,805.0B respectively. Japan Airlines's EBIT is ¥138.5B making its interest coverage ratio 14.7. It has cash and short-term investments of ¥753.9B.
Key information
97.5%
Debt to equity ratio
JP¥931.95b
Debt
| Interest coverage ratio | 14.7x |
| Cash | JP¥753.87b |
| Equity | JP¥955.74b |
| Total liabilities | JP¥1.81t |
| Total assets | JP¥2.76t |
Recent financial health updates
Here's Why Japan Airlines (TSE:9201) Can Manage Its Debt Responsibly
Sep 10
Japan Airlines (TSE:9201) Has A Pretty Healthy Balance Sheet
Apr 29Recent updates
Here's Why Japan Airlines (TSE:9201) Can Manage Its Debt Responsibly
Sep 10Japan Airlines (TSE:9201) Is Due To Pay A Dividend Of ¥40.00
Aug 23Japan Airlines' (TSE:9201) Dividend Will Be ¥40.00
Aug 09Earnings Miss: Japan Airlines Co., Ltd. Missed EPS By 8.3% And Analysts Are Revising Their Forecasts
Aug 03Japan Airlines' (TSE:9201) Dividend Will Be ¥40.00
Jul 26Japan Airlines' (TSE:9201) Dividend Will Be ¥40.00
Jul 12Japan Airlines Co., Ltd. (TSE:9201) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Jun 23Japan Airlines Co., Ltd. (TSE:9201) Might Not Be As Mispriced As It Looks
Jun 15Japan Airlines Co., Ltd. (TSE:9201) Yearly Results: Here's What Analysts Are Forecasting For This Year
May 06Japan Airlines (TSE:9201) Has A Pretty Healthy Balance Sheet
Apr 29Calculating The Fair Value Of Japan Airlines Co., Ltd. (TSE:9201)
Apr 11Japan Airlines Co., Ltd.'s (TSE:9201) Business Is Yet to Catch Up With Its Share Price
Feb 27Financial Position Analysis
Short Term Liabilities: 9201's short term assets (¥1,073.1B) exceed its short term liabilities (¥802.1B).
Long Term Liabilities: 9201's short term assets (¥1,073.1B) exceed its long term liabilities (¥1,002.9B).
Debt to Equity History and Analysis
Debt Level: 9201's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: 9201's debt to equity ratio has increased from 10.8% to 97.5% over the past 5 years.
Debt Coverage: 9201's debt is well covered by operating cash flow (35.9%).
Interest Coverage: 9201's interest payments on its debt are well covered by EBIT (14.7x coverage).