Coca-Cola Bottlers Japan Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Coca-Cola Bottlers Japan Holdings has a total shareholder equity of ¥473.2B and total debt of ¥114.8B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are ¥808.0B and ¥334.8B respectively. Coca-Cola Bottlers Japan Holdings's EBIT is ¥12.3B making its interest coverage ratio 18.5. It has cash and short-term investments of ¥84.5B.
Key information
24.3%
Debt to equity ratio
JP¥114.84b
Debt
| Interest coverage ratio | 18.5x |
| Cash | JP¥84.45b |
| Equity | JP¥473.23b |
| Total liabilities | JP¥334.82b |
| Total assets | JP¥808.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCOJ.Y's short term assets (¥295.7B) exceed its short term liabilities (¥155.5B).
Long Term Liabilities: CCOJ.Y's short term assets (¥295.7B) exceed its long term liabilities (¥179.4B).
Debt to Equity History and Analysis
Debt Level: CCOJ.Y's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: CCOJ.Y's debt to equity ratio has reduced from 35.5% to 24.3% over the past 5 years.
Debt Coverage: CCOJ.Y's debt is well covered by operating cash flow (53.8%).
Interest Coverage: CCOJ.Y's interest payments on its debt are well covered by EBIT (18.5x coverage).