Japan Aviation Electronics Industry Balance Sheet Health
Financial Health criteria checks 6/6
Japan Aviation Electronics Industry has a total shareholder equity of ¥181.5B and total debt of ¥5.9B, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are ¥236.6B and ¥55.1B respectively. Japan Aviation Electronics Industry's EBIT is ¥13.5B making its interest coverage ratio -43. It has cash and short-term investments of ¥65.2B.
Key information
3.2%
Debt to equity ratio
JP¥5.89b
Debt
Interest coverage ratio | -43x |
Cash | JP¥65.16b |
Equity | JP¥181.47b |
Total liabilities | JP¥55.10b |
Total assets | JP¥236.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JPAV.F's short term assets (¥147.7B) exceed its short term liabilities (¥51.5B).
Long Term Liabilities: JPAV.F's short term assets (¥147.7B) exceed its long term liabilities (¥3.6B).
Debt to Equity History and Analysis
Debt Level: JPAV.F has more cash than its total debt.
Reducing Debt: JPAV.F's debt to equity ratio has reduced from 8.7% to 3.2% over the past 5 years.
Debt Coverage: JPAV.F's debt is well covered by operating cash flow (570.4%).
Interest Coverage: JPAV.F earns more interest than it pays, so coverage of interest payments is not a concern.