Freesia Macross Balance Sheet Health
Financial Health criteria checks 3/6
Freesia Macross has a total shareholder equity of ¥16.6B and total debt of ¥9.7B, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are ¥29.2B and ¥12.6B respectively. Freesia Macross's EBIT is ¥954.0M making its interest coverage ratio 34.1. It has cash and short-term investments of ¥1.6B.
Key information
58.6%
Debt to equity ratio
JP¥9.73b
Debt
Interest coverage ratio | 34.1x |
Cash | JP¥1.63b |
Equity | JP¥16.59b |
Total liabilities | JP¥12.61b |
Total assets | JP¥29.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6343's short term assets (¥8.5B) exceed its short term liabilities (¥3.7B).
Long Term Liabilities: 6343's short term assets (¥8.5B) do not cover its long term liabilities (¥8.9B).
Debt to Equity History and Analysis
Debt Level: 6343's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: 6343's debt to equity ratio has reduced from 62.8% to 58.6% over the past 5 years.
Debt Coverage: 6343's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6343's interest payments on its debt are well covered by EBIT (34.1x coverage).