Coca-Cola Bottlers Japan Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Coca-Cola Bottlers Japan Holdings has a total shareholder equity of ¥464.2B and total debt of ¥155.3B, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are ¥830.4B and ¥366.2B respectively. Coca-Cola Bottlers Japan Holdings's EBIT is ¥4.9B making its interest coverage ratio 6.5. It has cash and short-term investments of ¥105.0B.
Key information
33.5%
Debt to equity ratio
JP¥155.30b
Debt
| Interest coverage ratio | 6.5x |
| Cash | JP¥105.05b |
| Equity | JP¥464.19b |
| Total liabilities | JP¥366.19b |
| Total assets | JP¥830.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCOJ.F's short term assets (¥304.4B) exceed its short term liabilities (¥184.8B).
Long Term Liabilities: CCOJ.F's short term assets (¥304.4B) exceed its long term liabilities (¥181.4B).
Debt to Equity History and Analysis
Debt Level: CCOJ.F's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: CCOJ.F's debt to equity ratio has increased from 21.6% to 33.5% over the past 5 years.
Debt Coverage: CCOJ.F's debt is well covered by operating cash flow (27.7%).
Interest Coverage: CCOJ.F's interest payments on its debt are well covered by EBIT (6.5x coverage).