Fukuvi Chemical IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Fukuvi Chemical IndustryLtd has a total shareholder equity of ¥37.3B and total debt of ¥114.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥52.6B and ¥15.3B respectively. Fukuvi Chemical IndustryLtd's EBIT is ¥1.6B making its interest coverage ratio -9. It has cash and short-term investments of ¥13.2B.
Key information
0.3%
Debt to equity ratio
JP¥114.00m
Debt
| Interest coverage ratio | -9x |
| Cash | JP¥13.23b |
| Equity | JP¥37.32b |
| Total liabilities | JP¥15.26b |
| Total assets | JP¥52.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7871's short term assets (¥34.4B) exceed its short term liabilities (¥12.7B).
Long Term Liabilities: 7871's short term assets (¥34.4B) exceed its long term liabilities (¥2.5B).
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% to 0.3% over the past 5 years.
Debt Coverage: 7871's debt is well covered by operating cash flow (3378.9%).
Interest Coverage: 7871 earns more interest than it pays, so coverage of interest payments is not a concern.