Japan Tobacco Balance Sheet Health
Financial Health criteria checks 6/6
Japan Tobacco has a total shareholder equity of ¥3,912.5B and total debt of ¥1,142.3B, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are ¥7,282.1B and ¥3,369.6B respectively. Japan Tobacco's EBIT is ¥645.1B making its interest coverage ratio -45. It has cash and short-term investments of ¥1,098.8B.
Key information
29.2%
Debt to equity ratio
JP¥1.14t
Debt
Interest coverage ratio | -45x |
Cash | JP¥1.10t |
Equity | JP¥3.91t |
Total liabilities | JP¥3.37t |
Total assets | JP¥7.28t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAPA.Y's short term assets (¥3,259.6B) exceed its short term liabilities (¥1,927.3B).
Long Term Liabilities: JAPA.Y's short term assets (¥3,259.6B) exceed its long term liabilities (¥1,442.3B).
Debt to Equity History and Analysis
Debt Level: JAPA.Y's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: JAPA.Y's debt to equity ratio has reduced from 36.2% to 29.2% over the past 5 years.
Debt Coverage: JAPA.Y's debt is well covered by operating cash flow (49.6%).
Interest Coverage: JAPA.Y earns more interest than it pays, so coverage of interest payments is not a concern.