Fuso ChemicalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Fuso ChemicalLtd has a total shareholder equity of ¥95.0B and total debt of ¥20.0B, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are ¥133.7B and ¥38.7B respectively. Fuso ChemicalLtd's EBIT is ¥11.1B making its interest coverage ratio -80.9. It has cash and short-term investments of ¥31.5B.
Key information
21.0%
Debt to equity ratio
JP¥20.00b
Debt
Interest coverage ratio | -80.9x |
Cash | JP¥31.47b |
Equity | JP¥95.02b |
Total liabilities | JP¥38.72b |
Total assets | JP¥133.74b |
Financial Position Analysis
Short Term Liabilities: 4368's short term assets (¥68.1B) exceed its short term liabilities (¥16.5B).
Long Term Liabilities: 4368's short term assets (¥68.1B) exceed its long term liabilities (¥22.3B).
Debt to Equity History and Analysis
Debt Level: 4368 has more cash than its total debt.
Reducing Debt: 4368's debt to equity ratio has increased from 0% to 21% over the past 5 years.
Debt Coverage: 4368's debt is well covered by operating cash flow (35.3%).
Interest Coverage: 4368 earns more interest than it pays, so coverage of interest payments is not a concern.