Frontier Management Balance Sheet Health
Financial Health criteria checks 4/6
Frontier Management has a total shareholder equity of ¥6.8B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are ¥10.9B and ¥4.1B respectively. Frontier Management's EBIT is ¥1.3B making its interest coverage ratio 113.8. It has cash and short-term investments of ¥5.8B.
Key information
23.3%
Debt to equity ratio
JP¥1.59b
Debt
Interest coverage ratio | 113.8x |
Cash | JP¥5.84b |
Equity | JP¥6.82b |
Total liabilities | JP¥4.05b |
Total assets | JP¥10.87b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7038's short term assets (¥8.2B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 7038's short term assets (¥8.2B) exceed its long term liabilities (¥1.5B).
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 9.2% to 23.3% over the past 5 years.
Debt Coverage: 7038's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: 7038's interest payments on its debt are well covered by EBIT (113.8x coverage).