FJ Next Holdings Balance Sheet Health
Financial Health criteria checks 6/6
FJ Next Holdings has a total shareholder equity of ¥68.0B and total debt of ¥11.8B, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are ¥91.4B and ¥23.4B respectively. FJ Next Holdings's EBIT is ¥9.4B making its interest coverage ratio 254.6. It has cash and short-term investments of ¥30.2B.
Key information
17.4%
Debt to equity ratio
JP¥11.84b
Debt
Interest coverage ratio | 254.6x |
Cash | JP¥30.16b |
Equity | JP¥67.99b |
Total liabilities | JP¥23.38b |
Total assets | JP¥91.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8935's short term assets (¥79.0B) exceed its short term liabilities (¥10.3B).
Long Term Liabilities: 8935's short term assets (¥79.0B) exceed its long term liabilities (¥13.1B).
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 30.2% to 17.4% over the past 5 years.
Debt Coverage: 8935's debt is well covered by operating cash flow (39.5%).
Interest Coverage: 8935's interest payments on its debt are well covered by EBIT (254.6x coverage).