Pharma Foods International Balance Sheet Health
Financial Health criteria checks 5/6
Pharma Foods International has a total shareholder equity of ¥10.0B and total debt of ¥19.1B, which brings its debt-to-equity ratio to 191.1%. Its total assets and total liabilities are ¥36.9B and ¥26.9B respectively. Pharma Foods International's EBIT is ¥5.2B making its interest coverage ratio 194.2. It has cash and short-term investments of ¥16.5B.
Key information
191.1%
Debt to equity ratio
JP¥19.14b
Debt
Interest coverage ratio | 194.2x |
Cash | JP¥16.46b |
Equity | JP¥10.02b |
Total liabilities | JP¥26.92b |
Total assets | JP¥36.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2929's short term assets (¥27.8B) exceed its short term liabilities (¥25.1B).
Long Term Liabilities: 2929's short term assets (¥27.8B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 2929's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: 2929's debt to equity ratio has increased from 61.4% to 191.1% over the past 5 years.
Debt Coverage: 2929's debt is well covered by operating cash flow (40.5%).
Interest Coverage: 2929's interest payments on its debt are well covered by EBIT (194.2x coverage).