Faltec Balance Sheet Health
Financial Health criteria checks 5/6
Faltec has a total shareholder equity of ¥20.5B and total debt of ¥24.1B, which brings its debt-to-equity ratio to 117.4%. Its total assets and total liabilities are ¥70.5B and ¥50.0B respectively. Faltec's EBIT is ¥2.5B making its interest coverage ratio 24.8. It has cash and short-term investments of ¥15.7B.
Key information
117.4%
Debt to equity ratio
JP¥24.10b
Debt
| Interest coverage ratio | 24.8x |
| Cash | JP¥15.71b |
| Equity | JP¥20.53b |
| Total liabilities | JP¥49.99b |
| Total assets | JP¥70.52b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7215's short term assets (¥43.4B) exceed its short term liabilities (¥33.5B).
Long Term Liabilities: 7215's short term assets (¥43.4B) exceed its long term liabilities (¥16.5B).
Debt to Equity History and Analysis
Debt Level: 7215's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: 7215's debt to equity ratio has reduced from 122.2% to 117.4% over the past 5 years.
Debt Coverage: 7215's debt is well covered by operating cash flow (22%).
Interest Coverage: 7215's interest payments on its debt are well covered by EBIT (24.8x coverage).