FinTech Global Balance Sheet Health
Financial Health criteria checks 6/6
FinTech Global has a total shareholder equity of ¥10.8B and total debt of ¥7.4B, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are ¥20.7B and ¥9.9B respectively. FinTech Global's EBIT is ¥2.6B making its interest coverage ratio 18.7. It has cash and short-term investments of ¥7.4B.
Key information
69.0%
Debt to equity ratio
JP¥7.42b
Debt
| Interest coverage ratio | 18.7x |
| Cash | JP¥7.35b |
| Equity | JP¥10.75b |
| Total liabilities | JP¥9.92b |
| Total assets | JP¥20.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8789's short term assets (¥14.0B) exceed its short term liabilities (¥8.8B).
Long Term Liabilities: 8789's short term assets (¥14.0B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 8789's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: 8789's debt to equity ratio has reduced from 81.3% to 69% over the past 5 years.
Debt Coverage: 8789's debt is well covered by operating cash flow (54.7%).
Interest Coverage: 8789's interest payments on its debt are well covered by EBIT (18.7x coverage).