Food & Life Companies Balance Sheet Health
Financial Health criteria checks 3/6
Food & Life Companies has a total shareholder equity of ¥73.0B and total debt of ¥87.5B, which brings its debt-to-equity ratio to 119.8%. Its total assets and total liabilities are ¥354.6B and ¥281.6B respectively. Food & Life Companies's EBIT is ¥20.5B making its interest coverage ratio 15.7. It has cash and short-term investments of ¥49.8B.
Key information
119.8%
Debt to equity ratio
JP¥87.48b
Debt
Interest coverage ratio | 15.7x |
Cash | JP¥49.85b |
Equity | JP¥73.04b |
Total liabilities | JP¥281.61b |
Total assets | JP¥354.65b |
Financial Position Analysis
Short Term Liabilities: 3563's short term assets (¥74.9B) exceed its short term liabilities (¥67.6B).
Long Term Liabilities: 3563's short term assets (¥74.9B) do not cover its long term liabilities (¥214.0B).
Debt to Equity History and Analysis
Debt Level: 3563's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: 3563's debt to equity ratio has increased from 107.4% to 119.8% over the past 5 years.
Debt Coverage: 3563's debt is well covered by operating cash flow (53.9%).
Interest Coverage: 3563's interest payments on its debt are well covered by EBIT (15.7x coverage).