Fukuda Balance Sheet Health
Financial Health criteria checks 6/6
Fukuda has a total shareholder equity of ¥81.6B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥141.9B and ¥60.3B respectively. Fukuda's EBIT is ¥6.5B making its interest coverage ratio -39.6. It has cash and short-term investments of ¥34.9B.
Key information
2.1%
Debt to equity ratio
JP¥1.71b
Debt
Interest coverage ratio | -39.6x |
Cash | JP¥34.90b |
Equity | JP¥81.58b |
Total liabilities | JP¥60.31b |
Total assets | JP¥141.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1899's short term assets (¥104.4B) exceed its short term liabilities (¥53.1B).
Long Term Liabilities: 1899's short term assets (¥104.4B) exceed its long term liabilities (¥7.3B).
Debt to Equity History and Analysis
Debt Level: 1899 has more cash than its total debt.
Reducing Debt: 1899's debt to equity ratio has reduced from 12.6% to 2.1% over the past 5 years.
Debt Coverage: 1899's debt is well covered by operating cash flow (437.2%).
Interest Coverage: 1899 earns more interest than it pays, so coverage of interest payments is not a concern.