FB Care ServiceLtd Balance Sheet Health
Financial Health criteria checks 4/6
FB Care ServiceLtd has a total shareholder equity of ¥3.4B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 104.4%. Its total assets and total liabilities are ¥9.0B and ¥5.6B respectively. FB Care ServiceLtd's EBIT is ¥569.0M making its interest coverage ratio 17.2. It has cash and short-term investments of ¥2.1B.
Key information
104.4%
Debt to equity ratio
JP¥3.51b
Debt
Interest coverage ratio | 17.2x |
Cash | JP¥2.13b |
Equity | JP¥3.36b |
Total liabilities | JP¥5.63b |
Total assets | JP¥9.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9220's short term assets (¥4.0B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 9220's short term assets (¥4.0B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: 9220's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: Insufficient data to determine if 9220's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9220's debt is well covered by operating cash flow (29.9%).
Interest Coverage: 9220's interest payments on its debt are well covered by EBIT (17.2x coverage).