Forum Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Forum Engineering has a total shareholder equity of ¥13.3B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥17.9B and ¥4.6B respectively. Forum Engineering's EBIT is ¥3.0B making its interest coverage ratio 1010. It has cash and short-term investments of ¥11.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | 1010x |
Cash | JP¥11.01b |
Equity | JP¥13.29b |
Total liabilities | JP¥4.63b |
Total assets | JP¥17.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7088's short term assets (¥15.1B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 7088's short term assets (¥15.1B) exceed its long term liabilities (¥11.0M).
Debt to Equity History and Analysis
Debt Level: 7088 is debt free.
Reducing Debt: 7088 has not had any debt for past 5 years.
Debt Coverage: 7088 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7088 has no debt, therefore coverage of interest payments is not a concern.