JVCKENWOOD Balance Sheet Health
Financial Health criteria checks 6/6
JVCKENWOOD has a total shareholder equity of ¥125.1B and total debt of ¥51.6B, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are ¥308.6B and ¥183.5B respectively. JVCKENWOOD's EBIT is ¥23.2B making its interest coverage ratio 96.1. It has cash and short-term investments of ¥54.3B.
Key information
41.2%
Debt to equity ratio
JP¥51.56b
Debt
| Interest coverage ratio | 96.1x |
| Cash | JP¥54.28b |
| Equity | JP¥125.07b |
| Total liabilities | JP¥183.52b |
| Total assets | JP¥308.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JVCZ.Y's short term assets (¥197.7B) exceed its short term liabilities (¥119.2B).
Long Term Liabilities: JVCZ.Y's short term assets (¥197.7B) exceed its long term liabilities (¥64.3B).
Debt to Equity History and Analysis
Debt Level: JVCZ.Y has more cash than its total debt.
Reducing Debt: JVCZ.Y's debt to equity ratio has reduced from 120.6% to 41.2% over the past 5 years.
Debt Coverage: JVCZ.Y's debt is well covered by operating cash flow (74.8%).
Interest Coverage: JVCZ.Y's interest payments on its debt are well covered by EBIT (96.1x coverage).