Fast Retailing Balance Sheet Health
Financial Health criteria checks 6/6
Fast Retailing has a total shareholder equity of ¥2,195.6B and total debt of ¥239.7B, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are ¥3,684.1B and ¥1,488.5B respectively. Fast Retailing's EBIT is ¥449.6B making its interest coverage ratio -8.8. It has cash and short-term investments of ¥1,648.3B.
Key information
10.9%
Debt to equity ratio
JP¥239.74b
Debt
| Interest coverage ratio | -8.8x |
| Cash | JP¥1.65t |
| Equity | JP¥2.20t |
| Total liabilities | JP¥1.49t |
| Total assets | JP¥3.68t |
Recent financial health updates
No updates
Recent updates
Fast Retailing Co., Ltd.'s (TSE:9983) Shares May Have Run Too Fast Too Soon
Aug 26
Fast Retailing's (TSE:9983) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 13Fast Retailing (TSE:9983) Is Increasing Its Dividend To ¥225.00
Jul 29Fast Retailing's (TSE:9983) Dividend Will Be Increased To ¥225.00
Jul 15Results: Fast Retailing Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Jul 14Returns On Capital At Fast Retailing (TSE:9983) Have Stalled
Jun 18Does Fast Retailing (TSE:9983) Deserve A Spot On Your Watchlist?
Jun 05Fast Retailing Co., Ltd.'s (TSE:9983) Business Is Trailing The Market But Its Shares Aren't
May 21Why Fast Retailing's (TSE:9983) Earnings Are Better Than They Seem
Apr 19We Ran A Stock Scan For Earnings Growth And Fast Retailing (TSE:9983) Passed With Ease
Mar 01Financial Position Analysis
Short Term Liabilities: 9983's short term assets (¥2,372.9B) exceed its short term liabilities (¥743.8B).
Long Term Liabilities: 9983's short term assets (¥2,372.9B) exceed its long term liabilities (¥744.7B).
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 47.1% to 10.9% over the past 5 years.
Debt Coverage: 9983's debt is well covered by operating cash flow (251%).
Interest Coverage: 9983 earns more interest than it pays, so coverage of interest payments is not a concern.