Fund Creation Group Balance Sheet Health
Financial Health criteria checks 2/6
Fund Creation Group has a total shareholder equity of ¥2.8B and total debt of ¥2.8B, which brings its debt-to-equity ratio to 100.8%. Its total assets and total liabilities are ¥6.5B and ¥3.6B respectively. Fund Creation Group's EBIT is ¥173.0M making its interest coverage ratio 2.6. It has cash and short-term investments of ¥1.2B.
Key information
100.8%
Debt to equity ratio
JP¥2.85b
Debt
| Interest coverage ratio | 2.6x |
| Cash | JP¥1.21b |
| Equity | JP¥2.83b |
| Total liabilities | JP¥3.64b |
| Total assets | JP¥6.47b |
Recent financial health updates
No updates
Recent updates
Some Confidence Is Lacking In Fund Creation Group Company Limited (TSE:3266) As Shares Slide 34%
Aug 05
Fund Creation Group Company Limited's (TSE:3266) 32% Jump Shows Its Popularity With Investors
Mar 22Investor Optimism Abounds Fund Creation Group Company Limited (TYO:3266) But Growth Is Lacking
Apr 17Fund Creation Group Company Limited (TYO:3266) Is Yielding 1.1% - But Is It A Buy?
Jan 11
Financial Position Analysis
Short Term Liabilities: 3266's short term assets (¥5.5B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 3266's short term assets (¥5.5B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 3266's net debt to equity ratio (58.1%) is considered high.
Reducing Debt: 3266's debt to equity ratio has increased from 36.9% to 100.8% over the past 5 years.
Debt Coverage: 3266's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3266's interest payments on its debt are not well covered by EBIT (2.6x coverage).