Food & Life Companies Balance Sheet Health
Financial Health criteria checks 2/6
Food & Life Companies has a total shareholder equity of ¥75.6B and total debt of ¥85.5B, which brings its debt-to-equity ratio to 113.1%. Its total assets and total liabilities are ¥360.3B and ¥284.7B respectively. Food & Life Companies's EBIT is ¥25.3B making its interest coverage ratio 16.4. It has cash and short-term investments of ¥48.0B.
Key information
113.1%
Debt to equity ratio
JP¥85.49b
Debt
| Interest coverage ratio | 16.4x |
| Cash | JP¥47.98b |
| Equity | JP¥75.60b |
| Total liabilities | JP¥284.71b |
| Total assets | JP¥360.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2G0's short term assets (¥71.9B) do not cover its short term liabilities (¥76.3B).
Long Term Liabilities: 2G0's short term assets (¥71.9B) do not cover its long term liabilities (¥208.4B).
Debt to Equity History and Analysis
Debt Level: 2G0's net debt to equity ratio (49.6%) is considered high.
Reducing Debt: 2G0's debt to equity ratio has increased from 92.4% to 113.1% over the past 5 years.
Debt Coverage: 2G0's debt is well covered by operating cash flow (64.4%).
Interest Coverage: 2G0's interest payments on its debt are well covered by EBIT (16.4x coverage).