Japan Petroleum Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Japan Petroleum Exploration has a total shareholder equity of ¥543.4B and total debt of ¥18.2B, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥679.9B and ¥136.5B respectively. Japan Petroleum Exploration's EBIT is ¥55.5B making its interest coverage ratio -10.7. It has cash and short-term investments of ¥115.9B.
Key information
3.3%
Debt to equity ratio
JP¥18.17b
Debt
| Interest coverage ratio | -10.7x |
| Cash | JP¥115.92b |
| Equity | JP¥543.42b |
| Total liabilities | JP¥136.50b |
| Total assets | JP¥679.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JPTX.F's short term assets (¥201.8B) exceed its short term liabilities (¥66.8B).
Long Term Liabilities: JPTX.F's short term assets (¥201.8B) exceed its long term liabilities (¥69.7B).
Debt to Equity History and Analysis
Debt Level: JPTX.F has more cash than its total debt.
Reducing Debt: JPTX.F's debt to equity ratio has reduced from 26.7% to 3.3% over the past 5 years.
Debt Coverage: JPTX.F's debt is well covered by operating cash flow (589.1%).
Interest Coverage: JPTX.F earns more interest than it pays, so coverage of interest payments is not a concern.