Fukuyama Transporting Balance Sheet Health
Financial Health criteria checks 3/6
Fukuyama Transporting has a total shareholder equity of ¥289.0B and total debt of ¥103.5B, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are ¥493.6B and ¥204.6B respectively. Fukuyama Transporting's EBIT is ¥8.7B making its interest coverage ratio -6.6. It has cash and short-term investments of ¥29.4B.
Key information
35.8%
Debt to equity ratio
JP¥103.50b
Debt
| Interest coverage ratio | -6.6x |
| Cash | JP¥29.36b |
| Equity | JP¥289.02b |
| Total liabilities | JP¥204.60b |
| Total assets | JP¥493.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FUY's short term assets (¥71.8B) do not cover its short term liabilities (¥96.7B).
Long Term Liabilities: FUY's short term assets (¥71.8B) do not cover its long term liabilities (¥107.9B).
Debt to Equity History and Analysis
Debt Level: FUY's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: FUY's debt to equity ratio has increased from 35.1% to 35.8% over the past 5 years.
Debt Coverage: FUY's debt is well covered by operating cash flow (22%).
Interest Coverage: FUY earns more interest than it pays, so coverage of interest payments is not a concern.