Fantasista Balance Sheet Health
Financial Health criteria checks 4/6
Fantasista has a total shareholder equity of ¥6.4B and total debt of ¥1.8B, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are ¥8.4B and ¥2.0B respectively. Fantasista's EBIT is ¥158.0M making its interest coverage ratio 2.8. It has cash and short-term investments of ¥1.4B.
Key information
27.9%
Debt to equity ratio
JP¥1.79b
Debt
Interest coverage ratio | 2.8x |
Cash | JP¥1.37b |
Equity | JP¥6.40b |
Total liabilities | JP¥2.04b |
Total assets | JP¥8.44b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1783's short term assets (¥6.8B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 1783's short term assets (¥6.8B) exceed its long term liabilities (¥945.0M).
Debt to Equity History and Analysis
Debt Level: 1783's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: 1783's debt to equity ratio has reduced from 37.7% to 27.9% over the past 5 years.
Debt Coverage: 1783's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1783's interest payments on its debt are not well covered by EBIT (2.8x coverage).