Fast Retailing Balance Sheet Health
Financial Health criteria checks 6/6
Fast Retailing has a total shareholder equity of ¥2,195.6B and total debt of ¥239.7B, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are ¥3,684.1B and ¥1,488.5B respectively. Fast Retailing's EBIT is ¥449.6B making its interest coverage ratio -8.8. It has cash and short-term investments of ¥1,648.3B.
Key information
10.9%
Debt to equity ratio
JP¥239.74b
Debt
| Interest coverage ratio | -8.8x |
| Cash | JP¥1.65t |
| Equity | JP¥2.20t |
| Total liabilities | JP¥1.49t |
| Total assets | JP¥3.68t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FR70's short term assets (¥2,372.9B) exceed its short term liabilities (¥743.8B).
Long Term Liabilities: FR70's short term assets (¥2,372.9B) exceed its long term liabilities (¥744.7B).
Debt to Equity History and Analysis
Debt Level: FR70 has more cash than its total debt.
Reducing Debt: FR70's debt to equity ratio has reduced from 47.1% to 10.9% over the past 5 years.
Debt Coverage: FR70's debt is well covered by operating cash flow (251%).
Interest Coverage: FR70 earns more interest than it pays, so coverage of interest payments is not a concern.