Fujita Kanko Balance Sheet Health
Financial Health criteria checks 3/6
Fujita Kanko has a total shareholder equity of ¥30.2B and total debt of ¥40.3B, which brings its debt-to-equity ratio to 133.3%. Its total assets and total liabilities are ¥98.0B and ¥67.8B respectively. Fujita Kanko's EBIT is ¥10.0B making its interest coverage ratio 51.8. It has cash and short-term investments of ¥17.4B.
Key information
133.3%
Debt to equity ratio
JP¥40.29b
Debt
| Interest coverage ratio | 51.8x |
| Cash | JP¥17.40b |
| Equity | JP¥30.23b |
| Total liabilities | JP¥67.78b |
| Total assets | JP¥98.01b |
Recent financial health updates
Recent updates
Fujita Kanko Inc. (TSE:9722) May Have Run Too Fast Too Soon With Recent 30% Price Plummet
Aug 05
Optimistic Investors Push Fujita Kanko Inc. (TSE:9722) Shares Up 41% But Growth Is Lacking
Jun 20A Look At The Intrinsic Value Of Fujita Kanko Inc. (TSE:9722)
Jun 18Fujita Kanko Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 13Is Fujita Kanko (TSE:9722) A Risky Investment?
Apr 20What Fujita Kanko Inc.'s (TSE:9722) 29% Share Price Gain Is Not Telling You
Apr 02Financial Position Analysis
Short Term Liabilities: 9722's short term assets (¥24.6B) do not cover its short term liabilities (¥29.4B).
Long Term Liabilities: 9722's short term assets (¥24.6B) do not cover its long term liabilities (¥38.4B).
Debt to Equity History and Analysis
Debt Level: 9722's net debt to equity ratio (75.7%) is considered high.
Reducing Debt: 9722's debt to equity ratio has reduced from 189.9% to 133.3% over the past 5 years.
Debt Coverage: 9722's debt is well covered by operating cash flow (34.4%).
Interest Coverage: 9722's interest payments on its debt are well covered by EBIT (51.8x coverage).