Japan Airlines Balance Sheet Health
Financial Health criteria checks 5/6
Japan Airlines has a total shareholder equity of ¥948.3B and total debt of ¥812.9B, which brings its debt-to-equity ratio to 85.7%. Its total assets and total liabilities are ¥2,649.2B and ¥1,700.9B respectively. Japan Airlines's EBIT is ¥149.6B making its interest coverage ratio 16.2. It has cash and short-term investments of ¥730.3B.
Key information
85.7%
Debt to equity ratio
JP¥812.87b
Debt
Interest coverage ratio | 16.2x |
Cash | JP¥730.34b |
Equity | JP¥948.35b |
Total liabilities | JP¥1.70t |
Total assets | JP¥2.65t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JPNR.F's short term assets (¥1,022.6B) exceed its short term liabilities (¥737.2B).
Long Term Liabilities: JPNR.F's short term assets (¥1,022.6B) exceed its long term liabilities (¥963.7B).
Debt to Equity History and Analysis
Debt Level: JPNR.F's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: JPNR.F's debt to equity ratio has increased from 11.4% to 85.7% over the past 5 years.
Debt Coverage: JPNR.F's debt is well covered by operating cash flow (44.8%).
Interest Coverage: JPNR.F's interest payments on its debt are well covered by EBIT (16.2x coverage).