Feed OneLtd Balance Sheet Health
Financial Health criteria checks 5/6
Feed OneLtd has a total shareholder equity of ¥48.2B and total debt of ¥29.4B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are ¥138.8B and ¥90.5B respectively. Feed OneLtd's EBIT is ¥5.7B making its interest coverage ratio 220.4. It has cash and short-term investments of ¥14.8B.
Key information
60.9%
Debt to equity ratio
JP¥29.36b
Debt
Interest coverage ratio | 220.4x |
Cash | JP¥14.77b |
Equity | JP¥48.21b |
Total liabilities | JP¥90.55b |
Total assets | JP¥138.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2060's short term assets (¥96.4B) exceed its short term liabilities (¥65.5B).
Long Term Liabilities: 2060's short term assets (¥96.4B) exceed its long term liabilities (¥25.1B).
Debt to Equity History and Analysis
Debt Level: 2060's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: 2060's debt to equity ratio has increased from 39.2% to 60.9% over the past 5 years.
Debt Coverage: 2060's debt is well covered by operating cash flow (52.6%).
Interest Coverage: 2060's interest payments on its debt are well covered by EBIT (220.4x coverage).