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 ¥470.0B and total debt of ¥155.8B, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are ¥844.8B and ¥374.8B respectively. Coca-Cola Bottlers Japan Holdings's EBIT is ¥3.5B making its interest coverage ratio 7.2. It has cash and short-term investments of ¥113.7B.
Key information
33.1%
Debt to equity ratio
JP¥155.78b
Debt
Interest coverage ratio | 7.2x |
Cash | JP¥113.75b |
Equity | JP¥470.02b |
Total liabilities | JP¥374.81b |
Total assets | JP¥844.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCOJ.Y's short term assets (¥313.8B) exceed its short term liabilities (¥197.4B).
Long Term Liabilities: CCOJ.Y's short term assets (¥313.8B) exceed its long term liabilities (¥177.4B).
Debt to Equity History and Analysis
Debt Level: CCOJ.Y's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: CCOJ.Y's debt to equity ratio has increased from 17.5% to 33.1% over the past 5 years.
Debt Coverage: CCOJ.Y's debt is well covered by operating cash flow (37.9%).
Interest Coverage: CCOJ.Y's interest payments on its debt are well covered by EBIT (7.2x coverage).