Faltec Balance Sheet Health
Financial Health criteria checks 4/6
Faltec has a total shareholder equity of ¥19.4B and total debt of ¥23.8B, which brings its debt-to-equity ratio to 122.7%. Its total assets and total liabilities are ¥70.0B and ¥50.6B respectively. Faltec's EBIT is ¥1.2B making its interest coverage ratio 17.9. It has cash and short-term investments of ¥13.5B.
Key information
122.7%
Debt to equity ratio
JP¥23.84b
Debt
Interest coverage ratio | 17.9x |
Cash | JP¥13.48b |
Equity | JP¥19.43b |
Total liabilities | JP¥50.59b |
Total assets | JP¥70.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7215's short term assets (¥40.1B) exceed its short term liabilities (¥34.2B).
Long Term Liabilities: 7215's short term assets (¥40.1B) exceed its long term liabilities (¥16.4B).
Debt to Equity History and Analysis
Debt Level: 7215's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: 7215's debt to equity ratio has reduced from 125.6% to 122.7% over the past 5 years.
Debt Coverage: 7215's debt is not well covered by operating cash flow (19%).
Interest Coverage: 7215's interest payments on its debt are well covered by EBIT (17.9x coverage).