CJ Balance Sheet Health
Financial Health criteria checks 4/6
CJ has a total shareholder equity of ₩17,309.7B and total debt of ₩13,345.1B, which brings its debt-to-equity ratio to 77.1%. Its total assets and total liabilities are ₩46,014.3B and ₩28,704.6B respectively. CJ's EBIT is ₩2,488.5B making its interest coverage ratio 3.3. It has cash and short-term investments of ₩3,698.9B.
Key information
77.1%
Debt to equity ratio
₩13.35t
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₩3.70t |
| Equity | ₩17.31t |
| Total liabilities | ₩28.70t |
| Total assets | ₩46.01t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A00104K's short term assets (₩13,122.2B) do not cover its short term liabilities (₩15,871.3B).
Long Term Liabilities: A00104K's short term assets (₩13,122.2B) exceed its long term liabilities (₩12,833.3B).
Debt to Equity History and Analysis
Debt Level: A00104K's net debt to equity ratio (55.7%) is considered high.
Reducing Debt: A00104K's debt to equity ratio has reduced from 98.2% to 77.1% over the past 5 years.
Debt Coverage: A00104K's debt is well covered by operating cash flow (35.8%).
Interest Coverage: A00104K's interest payments on its debt are well covered by EBIT (3.3x coverage).