Fuyo General Lease Balance Sheet Health
Financial Health criteria checks 4/6
Fuyo General Lease has a total shareholder equity of ¥470.9B and total debt of ¥2,668.9B, which brings its debt-to-equity ratio to 566.8%. Its total assets and total liabilities are ¥3,358.2B and ¥2,887.3B respectively. Fuyo General Lease's EBIT is ¥57.9B making its interest coverage ratio -47.9. It has cash and short-term investments of ¥60.1B.
Key information
566.8%
Debt to equity ratio
JP¥2.67t
Debt
Interest coverage ratio | -47.9x |
Cash | JP¥60.14b |
Equity | JP¥470.88b |
Total liabilities | JP¥2.89t |
Total assets | JP¥3.36t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8424's short term assets (¥2,133.2B) exceed its short term liabilities (¥1,516.0B).
Long Term Liabilities: 8424's short term assets (¥2,133.2B) exceed its long term liabilities (¥1,371.3B).
Debt to Equity History and Analysis
Debt Level: 8424's net debt to equity ratio (554%) is considered high.
Reducing Debt: 8424's debt to equity ratio has reduced from 720.6% to 566.8% over the past 5 years.
Debt Coverage: 8424's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8424 earns more interest than it pays, so coverage of interest payments is not a concern.