FJ Next Holdings Balance Sheet Health
Financial Health criteria checks 5/6
FJ Next Holdings has a total shareholder equity of ¥65.1B and total debt of ¥12.4B, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are ¥90.6B and ¥25.4B respectively. FJ Next Holdings's EBIT is ¥9.4B making its interest coverage ratio 252.9. It has cash and short-term investments of ¥29.8B.
Key information
19.0%
Debt to equity ratio
JP¥12.38b
Debt
Interest coverage ratio | 252.9x |
Cash | JP¥29.80b |
Equity | JP¥65.12b |
Total liabilities | JP¥25.45b |
Total assets | JP¥90.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8935's short term assets (¥78.2B) exceed its short term liabilities (¥10.7B).
Long Term Liabilities: 8935's short term assets (¥78.2B) exceed its long term liabilities (¥14.7B).
Debt to Equity History and Analysis
Debt Level: 8935 has more cash than its total debt.
Reducing Debt: 8935's debt to equity ratio has reduced from 30.6% to 19% over the past 5 years.
Debt Coverage: 8935's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8935's interest payments on its debt are well covered by EBIT (252.9x coverage).