Fuji Oil Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Fuji Oil Holdings has a total shareholder equity of ¥233.5B and total debt of ¥156.4B, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are ¥483.0B and ¥249.5B respectively. Fuji Oil Holdings's EBIT is ¥15.1B making its interest coverage ratio 6.1. It has cash and short-term investments of ¥27.2B.
Key information
67.0%
Debt to equity ratio
JP¥156.38b
Debt
Interest coverage ratio | 6.1x |
Cash | JP¥27.24b |
Equity | JP¥233.47b |
Total liabilities | JP¥249.49b |
Total assets | JP¥482.97b |
Financial Position Analysis
Short Term Liabilities: 2607's short term assets (¥254.4B) exceed its short term liabilities (¥134.7B).
Long Term Liabilities: 2607's short term assets (¥254.4B) exceed its long term liabilities (¥114.8B).
Debt to Equity History and Analysis
Debt Level: 2607's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: 2607's debt to equity ratio has increased from 43.6% to 67% over the past 5 years.
Debt Coverage: 2607's debt is well covered by operating cash flow (26.3%).
Interest Coverage: 2607's interest payments on its debt are well covered by EBIT (6.1x coverage).