Japan Tobacco Balance Sheet Health
Financial Health criteria checks 6/6
Japan Tobacco has a total shareholder equity of ¥3,972.1B and total debt of ¥1,078.2B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are ¥6,946.0B and ¥2,974.0B respectively. Japan Tobacco's EBIT is ¥667.3B making its interest coverage ratio 10.8. It has cash and short-term investments of ¥895.7B.
Key information
27.1%
Debt to equity ratio
JP¥1.08t
Debt
| Interest coverage ratio | 10.8x |
| Cash | JP¥895.66b |
| Equity | JP¥3.97t |
| Total liabilities | JP¥2.97t |
| Total assets | JP¥6.95t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAPA.F's short term assets (¥2,985.6B) exceed its short term liabilities (¥1,577.0B).
Long Term Liabilities: JAPA.F's short term assets (¥2,985.6B) exceed its long term liabilities (¥1,396.9B).
Debt to Equity History and Analysis
Debt Level: JAPA.F's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: JAPA.F's debt to equity ratio has reduced from 40.3% to 27.1% over the past 5 years.
Debt Coverage: JAPA.F's debt is well covered by operating cash flow (43.5%).
Interest Coverage: JAPA.F's interest payments on its debt are well covered by EBIT (10.8x coverage).