Fund Creation Group Balance Sheet Health
Financial Health criteria checks 4/6
Fund Creation Group has a total shareholder equity of ¥2.8B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 85.7%. Its total assets and total liabilities are ¥5.4B and ¥2.7B respectively. Fund Creation Group's EBIT is ¥343.0M making its interest coverage ratio 6.9. It has cash and short-term investments of ¥1.2B.
Key information
85.7%
Debt to equity ratio
JP¥2.36b
Debt
| Interest coverage ratio | 6.9x |
| Cash | JP¥1.22b |
| Equity | JP¥2.76b |
| Total liabilities | JP¥2.65b |
| Total assets | JP¥5.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3266's short term assets (¥4.6B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 3266's short term assets (¥4.6B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 3266's net debt to equity ratio (41.3%) is considered high.
Reducing Debt: 3266's debt to equity ratio has increased from 27.4% to 85.7% over the past 5 years.
Debt Coverage: 3266's debt is well covered by operating cash flow (22.2%).
Interest Coverage: 3266's interest payments on its debt are well covered by EBIT (6.9x coverage).