FCE Balance Sheet Health
Financial Health criteria checks 5/6
FCE has a total shareholder equity of ¥2.2B and total debt of ¥311.0M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are ¥3.9B and ¥1.7B respectively. FCE's EBIT is ¥729.0M making its interest coverage ratio -243. It has cash and short-term investments of ¥2.6B.
Key information
14.1%
Debt to equity ratio
JP¥311.00m
Debt
| Interest coverage ratio | -243x |
| Cash | JP¥2.63b |
| Equity | JP¥2.20b |
| Total liabilities | JP¥1.67b |
| Total assets | JP¥3.87b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9564's short term assets (¥3.3B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 9564's short term assets (¥3.3B) exceed its long term liabilities (¥353.0M).
Debt to Equity History and Analysis
Debt Level: 9564 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9564's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9564's debt is well covered by operating cash flow (158.5%).
Interest Coverage: 9564 earns more interest than it pays, so coverage of interest payments is not a concern.