Japan Foundation Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Japan Foundation Engineering has a total shareholder equity of ¥21.9B and total debt of ¥4.1B, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are ¥32.9B and ¥11.0B respectively. Japan Foundation Engineering's EBIT is ¥1.5B making its interest coverage ratio -7.6. It has cash and short-term investments of ¥5.8B.
Key information
18.7%
Debt to equity ratio
JP¥4.10b
Debt
| Interest coverage ratio | -7.6x |
| Cash | JP¥5.77b |
| Equity | JP¥21.90b |
| Total liabilities | JP¥11.00b |
| Total assets | JP¥32.89b |
Recent financial health updates
Japan Foundation Engineering (TSE:1914) Has A Rock Solid Balance Sheet
Nov 15
Does Japan Foundation Engineering (TSE:1914) Have A Healthy Balance Sheet?
Aug 06Recent updates
Japan Foundation Engineering (TSE:1914) Has A Rock Solid Balance Sheet
Nov 15Investors Still Aren't Entirely Convinced By Japan Foundation Engineering Co., Ltd.'s (TSE:1914) Earnings Despite 26% Price Jump
Aug 25Does Japan Foundation Engineering (TSE:1914) Have A Healthy Balance Sheet?
Aug 06Japan Foundation Engineering Co., Ltd.'s (TSE:1914) Shares Leap 31% Yet They're Still Not Telling The Full Story
Jun 07There's Been No Shortage Of Growth Recently For Japan Foundation Engineering's (TSE:1914) Returns On Capital
Mar 04Financial Position Analysis
Short Term Liabilities: 1914's short term assets (¥14.6B) exceed its short term liabilities (¥10.1B).
Long Term Liabilities: 1914's short term assets (¥14.6B) exceed its long term liabilities (¥910.0M).
Debt to Equity History and Analysis
Debt Level: 1914 has more cash than its total debt.
Reducing Debt: 1914's debt to equity ratio has increased from 0% to 18.7% over the past 5 years.
Debt Coverage: 1914's debt is well covered by operating cash flow (40.3%).
Interest Coverage: 1914 earns more interest than it pays, so coverage of interest payments is not a concern.