Food & Life Companies Balance Sheet Health
Financial Health criteria checks 2/6
Food & Life Companies has a total shareholder equity of ¥75.6B and total debt of ¥85.5B, which brings its debt-to-equity ratio to 113.1%. Its total assets and total liabilities are ¥360.3B and ¥284.7B respectively. Food & Life Companies's EBIT is ¥25.3B making its interest coverage ratio 16.4. It has cash and short-term investments of ¥48.0B.
Key information
113.1%
Debt to equity ratio
JP¥85.49b
Debt
| Interest coverage ratio | 16.4x |
| Cash | JP¥47.98b |
| Equity | JP¥75.60b |
| Total liabilities | JP¥284.71b |
| Total assets | JP¥360.31b |
Recent financial health updates
Here's Why Food & Life Companies (TSE:3563) Can Manage Its Debt Responsibly
Jul 16
Does Food & Life Companies (TSE:3563) Have A Healthy Balance Sheet?
Mar 13Recent updates
Why Food & Life Companies Ltd. (TSE:3563) Could Be Worth Watching
Aug 20Food & Life Companies (TSE:3563) Is Paying Out A Dividend Of ¥22.50
Aug 03Here's Why Food & Life Companies (TSE:3563) Can Manage Its Debt Responsibly
Jul 16Food & Life Companies (TSE:3563) Might Be Having Difficulty Using Its Capital Effectively
Jun 15A Look At The Fair Value Of Food & Life Companies Ltd. (TSE:3563)
May 29Sentiment Still Eluding Food & Life Companies Ltd. (TSE:3563)
Apr 17Does Food & Life Companies (TSE:3563) Have A Healthy Balance Sheet?
Mar 13Financial Position Analysis
Short Term Liabilities: 3563's short term assets (¥71.9B) do not cover its short term liabilities (¥76.3B).
Long Term Liabilities: 3563's short term assets (¥71.9B) do not cover its long term liabilities (¥208.4B).
Debt to Equity History and Analysis
Debt Level: 3563's net debt to equity ratio (49.6%) is considered high.
Reducing Debt: 3563's debt to equity ratio has increased from 92.4% to 113.1% over the past 5 years.
Debt Coverage: 3563's debt is well covered by operating cash flow (64.4%).
Interest Coverage: 3563's interest payments on its debt are well covered by EBIT (16.4x coverage).