Frontier Management Balance Sheet Health
Financial Health criteria checks 4/6
Frontier Management has a total shareholder equity of ¥6.5B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are ¥9.6B and ¥3.1B respectively. Frontier Management's EBIT is ¥660.0M making its interest coverage ratio 41.3. It has cash and short-term investments of ¥3.3B.
Key information
31.9%
Debt to equity ratio
JP¥2.07b
Debt
| Interest coverage ratio | 41.3x |
| Cash | JP¥3.34b |
| Equity | JP¥6.48b |
| Total liabilities | JP¥3.08b |
| Total assets | JP¥9.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7038's short term assets (¥6.9B) exceed its short term liabilities (¥1.7B).
Long Term Liabilities: 7038's short term assets (¥6.9B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 7038 has more cash than its total debt.
Reducing Debt: 7038's debt to equity ratio has increased from 14.1% to 31.9% over the past 5 years.
Debt Coverage: 7038's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7038's interest payments on its debt are well covered by EBIT (41.3x coverage).