Fukuvi Chemical IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Fukuvi Chemical IndustryLtd has a total shareholder equity of ¥36.0B and total debt of ¥145.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ¥52.3B and ¥16.3B respectively. Fukuvi Chemical IndustryLtd's EBIT is ¥1.8B making its interest coverage ratio -10.5. It has cash and short-term investments of ¥10.5B.
Key information
0.4%
Debt to equity ratio
JP¥145.00m
Debt
Interest coverage ratio | -10.5x |
Cash | JP¥10.50b |
Equity | JP¥35.97b |
Total liabilities | JP¥16.32b |
Total assets | JP¥52.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7871's short term assets (¥34.8B) exceed its short term liabilities (¥13.9B).
Long Term Liabilities: 7871's short term assets (¥34.8B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 7871 has more cash than its total debt.
Reducing Debt: 7871's debt to equity ratio has reduced from 1.1% to 0.4% over the past 5 years.
Debt Coverage: 7871's debt is well covered by operating cash flow (846.9%).
Interest Coverage: 7871 earns more interest than it pays, so coverage of interest payments is not a concern.