Pharma Foods International Balance Sheet Health
Financial Health criteria checks 5/6
Pharma Foods International has a total shareholder equity of ¥9.2B and total debt of ¥19.9B, which brings its debt-to-equity ratio to 216.3%. Its total assets and total liabilities are ¥37.0B and ¥27.8B respectively. Pharma Foods International's EBIT is ¥6.0B making its interest coverage ratio 251.2. It has cash and short-term investments of ¥17.0B.
Key information
216.3%
Debt to equity ratio
JP¥19.91b
Debt
Interest coverage ratio | 251.2x |
Cash | JP¥17.00b |
Equity | JP¥9.20b |
Total liabilities | JP¥27.82b |
Total assets | JP¥37.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2929's short term assets (¥27.7B) exceed its short term liabilities (¥25.8B).
Long Term Liabilities: 2929's short term assets (¥27.7B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 2929's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: 2929's debt to equity ratio has increased from 68.3% to 216.3% over the past 5 years.
Debt Coverage: 2929's debt is well covered by operating cash flow (39%).
Interest Coverage: 2929's interest payments on its debt are well covered by EBIT (251.2x coverage).