Fast Retailing Balance Sheet Health
Financial Health criteria checks 6/6
Fast Retailing has a total shareholder equity of ¥2,327.5B and total debt of ¥141.1B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ¥3,859.4B and ¥1,531.9B respectively. Fast Retailing's EBIT is ¥558.5B making its interest coverage ratio -10.6. It has cash and short-term investments of ¥1,792.9B.
Key information
6.06%
Debt to equity ratio
JP¥141.07b
Debt
| Interest coverage ratio | -10.6x |
| Cash | JP¥1.79t |
| Equity | JP¥2.33t |
| Total liabilities | JP¥1.53t |
| Total assets | JP¥3.86t |
Recent financial health updates
Is Fast Retailing (TSE:9983) Using Too Much Debt?
Sep 24
Fast Retailing (TSE:9983) Has A Rock Solid Balance Sheet
Mar 12Recent updates
Should You Be Adding Fast Retailing (TSE:9983) To Your Watchlist Today?
Nov 15What Fast Retailing Co., Ltd.'s (TSE:9983) 25% Share Price Gain Is Not Telling You
Oct 31Earnings Beat: Fast Retailing Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Oct 11Is Fast Retailing (TSE:9983) Using Too Much Debt?
Sep 24Fast Retailing's (TSE:9983) Dividend Will Be ¥240.00
Aug 26Fast Retailing (TSE:9983) Is Very Good At Capital Allocation
Aug 20Fast Retailing (TSE:9983) Is Due To Pay A Dividend Of ¥240.00
Aug 05Here's What Analysts Are Forecasting For Fast Retailing Co., Ltd. (TSE:9983) After Its Third-Quarter Results
Jul 14Fast Retailing's (TSE:9983) Dividend Will Be ¥240.00
Jul 11With EPS Growth And More, Fast Retailing (TSE:9983) Makes An Interesting Case
Jul 05Investor Optimism Abounds Fast Retailing Co., Ltd. (TSE:9983) But Growth Is Lacking
Jun 17Results: Fast Retailing Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 13Fast Retailing's (TSE:9983) Returns On Capital Are Heading Higher
Mar 25Fast Retailing (TSE:9983) Has A Rock Solid Balance Sheet
Mar 12Here's Why Fast Retailing (TSE:9983) Has Caught The Eye Of Investors
Feb 27Fast Retailing Co., Ltd.'s (TSE:9983) Business Is Trailing The Market But Its Shares Aren't
Jan 31Slowing Rates Of Return At Fast Retailing (TSE:9983) Leave Little Room For Excitement
Dec 19Financial Position Analysis
Short Term Liabilities: 9983's short term assets (¥2,527.8B) exceed its short term liabilities (¥911.3B).
Long Term Liabilities: 9983's short term assets (¥2,527.8B) exceed its long term liabilities (¥620.6B).
Debt to Equity History and Analysis
Debt Level: 9983 has more cash than its total debt.
Reducing Debt: 9983's debt to equity ratio has reduced from 48.6% to 6.1% over the past 5 years.
Debt Coverage: 9983's debt is well covered by operating cash flow (411.6%).
Interest Coverage: 9983 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/28 07:14 |
| End of Day Share Price | 2025/11/28 00:00 |
| Earnings | 2025/08/31 |
| Annual Earnings | 2025/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Fast Retailing Co., Ltd. is covered by 30 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Maki Shinozaki | Barclays |
| Arashi Nishizawa | BofA Global Research |
| Forrest Chan | CCB International Securities Limited |