First BrothersLtd Balance Sheet Health
Financial Health criteria checks 3/6
First BrothersLtd has a total shareholder equity of ¥24.0B and total debt of ¥57.8B, which brings its debt-to-equity ratio to 240.5%. Its total assets and total liabilities are ¥87.0B and ¥62.9B respectively. First BrothersLtd's EBIT is ¥4.7B making its interest coverage ratio 7.6. It has cash and short-term investments of ¥4.7B.
Key information
240.5%
Debt to equity ratio
JP¥57.84b
Debt
Interest coverage ratio | 7.6x |
Cash | JP¥4.74b |
Equity | JP¥24.05b |
Total liabilities | JP¥62.95b |
Total assets | JP¥87.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3454's short term assets (¥60.7B) exceed its short term liabilities (¥6.6B).
Long Term Liabilities: 3454's short term assets (¥60.7B) exceed its long term liabilities (¥56.4B).
Debt to Equity History and Analysis
Debt Level: 3454's net debt to equity ratio (220.8%) is considered high.
Reducing Debt: 3454's debt to equity ratio has increased from 226.2% to 240.5% over the past 5 years.
Debt Coverage: 3454's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: 3454's interest payments on its debt are well covered by EBIT (7.6x coverage).