First BrothersLtd Balance Sheet Health
Financial Health criteria checks 4/6
First BrothersLtd has a total shareholder equity of ¥24.0B and total debt of ¥58.3B, which brings its debt-to-equity ratio to 242.5%. Its total assets and total liabilities are ¥87.7B and ¥63.7B respectively. First BrothersLtd's EBIT is ¥2.2B making its interest coverage ratio 3.6. It has cash and short-term investments of ¥3.7B.
Key information
242.5%
Debt to equity ratio
JP¥58.25b
Debt
| Interest coverage ratio | 3.6x |
| Cash | JP¥3.72b |
| Equity | JP¥24.03b |
| Total liabilities | JP¥63.70b |
| Total assets | JP¥87.73b |
Recent financial health updates
No updates
Recent updates
First BrothersLtd (TSE:3454) Will Pay A Larger Dividend Than Last Year At ¥34.00
Oct 09
First BrothersLtd (TSE:3454) Will Pay A Larger Dividend Than Last Year At ¥34.00
Aug 22First BrothersLtd (TSE:3454) Is Increasing Its Dividend To ¥34.00
Jul 26First BrothersLtd (TSE:3454) Has Announced That It Will Be Increasing Its Dividend To ¥34.00
Jul 12Financial Position Analysis
Short Term Liabilities: 3454's short term assets (¥61.2B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 3454's short term assets (¥61.2B) exceed its long term liabilities (¥58.3B).
Debt to Equity History and Analysis
Debt Level: 3454's net debt to equity ratio (227%) is considered high.
Reducing Debt: 3454's debt to equity ratio has reduced from 315% to 242.5% over the past 5 years.
Debt Coverage: 3454's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3454's interest payments on its debt are well covered by EBIT (3.6x coverage).