Fukuyama Transporting Balance Sheet Health
Financial Health criteria checks 4/6
Fukuyama Transporting has a total shareholder equity of ¥283.8B and total debt of ¥96.5B, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are ¥488.7B and ¥204.9B respectively. Fukuyama Transporting's EBIT is ¥13.4B making its interest coverage ratio -11.6. It has cash and short-term investments of ¥32.2B.
Key information
34.0%
Debt to equity ratio
JP¥96.45b
Debt
Interest coverage ratio | -11.6x |
Cash | JP¥32.21b |
Equity | JP¥283.83b |
Total liabilities | JP¥204.92b |
Total assets | JP¥488.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FUY's short term assets (¥80.5B) do not cover its short term liabilities (¥98.7B).
Long Term Liabilities: FUY's short term assets (¥80.5B) do not cover its long term liabilities (¥106.2B).
Debt to Equity History and Analysis
Debt Level: FUY's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: FUY's debt to equity ratio has reduced from 34.8% to 34% over the past 5 years.
Debt Coverage: FUY's debt is well covered by operating cash flow (24.5%).
Interest Coverage: FUY earns more interest than it pays, so coverage of interest payments is not a concern.