Foster Electric Company Balance Sheet Health
Financial Health criteria checks 5/6
Foster Electric Company has a total shareholder equity of ¥66.7B and total debt of ¥14.5B, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are ¥109.1B and ¥42.4B respectively. Foster Electric Company's EBIT is ¥5.9B making its interest coverage ratio 21.3. It has cash and short-term investments of ¥20.2B.
Key information
21.8%
Debt to equity ratio
JP¥14.52b
Debt
| Interest coverage ratio | 21.3x |
| Cash | JP¥20.23b |
| Equity | JP¥66.73b |
| Total liabilities | JP¥42.40b |
| Total assets | JP¥109.13b |
Recent financial health updates
No updates
Recent updates
Foster Electric Company, Limited's (TSE:6794) 26% Share Price Surge Not Quite Adding Up
Sep 28
Foster Electric Company's (TSE:6794) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 27Foster Electric Company (TSE:6794) Has Announced That It Will Be Increasing Its Dividend To ¥20.00
Aug 26Foster Electric Company's (TSE:6794) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 12Market Cool On Foster Electric Company, Limited's (TSE:6794) Earnings Pushing Shares 25% Lower
Aug 06Foster Electric Company's (TSE:6794) Dividend Will Be Increased To ¥20.00
Jul 26Foster Electric Company's (TSE:6794) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 12Market Participants Recognise Foster Electric Company, Limited's (TSE:6794) Earnings Pushing Shares 26% Higher
May 28Financial Position Analysis
Short Term Liabilities: 6794's short term assets (¥85.6B) exceed its short term liabilities (¥36.3B).
Long Term Liabilities: 6794's short term assets (¥85.6B) exceed its long term liabilities (¥6.1B).
Debt to Equity History and Analysis
Debt Level: 6794 has more cash than its total debt.
Reducing Debt: 6794's debt to equity ratio has increased from 19.3% to 21.8% over the past 5 years.
Debt Coverage: 6794's debt is well covered by operating cash flow (49.9%).
Interest Coverage: 6794's interest payments on its debt are well covered by EBIT (21.3x coverage).