JVCKENWOOD Balance Sheet Health
Financial Health criteria checks 6/6
JVCKENWOOD has a total shareholder equity of ¥113.3B and total debt of ¥58.8B, which brings its debt-to-equity ratio to 51.9%. Its total assets and total liabilities are ¥306.8B and ¥193.5B respectively. JVCKENWOOD's EBIT is ¥10.9B making its interest coverage ratio 24.8. It has cash and short-term investments of ¥54.7B.
Key information
51.9%
Debt to equity ratio
JP¥58.84b
Debt
Interest coverage ratio | 24.8x |
Cash | JP¥54.68b |
Equity | JP¥113.32b |
Total liabilities | JP¥193.52b |
Total assets | JP¥306.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JVCZ.Y's short term assets (¥198.0B) exceed its short term liabilities (¥122.5B).
Long Term Liabilities: JVCZ.Y's short term assets (¥198.0B) exceed its long term liabilities (¥71.0B).
Debt to Equity History and Analysis
Debt Level: JVCZ.Y's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: JVCZ.Y's debt to equity ratio has reduced from 108.3% to 51.9% over the past 5 years.
Debt Coverage: JVCZ.Y's debt is well covered by operating cash flow (57.5%).
Interest Coverage: JVCZ.Y's interest payments on its debt are well covered by EBIT (24.8x coverage).