fonfun Balance Sheet Health
Financial Health criteria checks 6/6
fonfun has a total shareholder equity of ¥593.0M and total debt of ¥341.0M, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are ¥1.0B and ¥438.0M respectively. fonfun's EBIT is ¥46.0M making its interest coverage ratio 11.5. It has cash and short-term investments of ¥605.0M.
Key information
57.5%
Debt to equity ratio
JP¥341.00m
Debt
Interest coverage ratio | 11.5x |
Cash | JP¥605.00m |
Equity | JP¥593.00m |
Total liabilities | JP¥438.00m |
Total assets | JP¥1.03b |
Recent financial health updates
We Think fonfun (TYO:2323) Can Manage Its Debt With Ease
Mar 22fonfun (TYO:2323) Has A Pretty Healthy Balance Sheet
Nov 19Recent updates
We Think fonfun (TYO:2323) Can Manage Its Debt With Ease
Mar 22Unpleasant Surprises Could Be In Store For fonfun corporation's (TYO:2323) Shares
Feb 15fonfun corporation's (TYO:2323) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 11fonfun (TYO:2323) Has A Pretty Healthy Balance Sheet
Nov 19Financial Position Analysis
Short Term Liabilities: 2323's short term assets (¥737.0M) exceed its short term liabilities (¥272.0M).
Long Term Liabilities: 2323's short term assets (¥737.0M) exceed its long term liabilities (¥166.0M).
Debt to Equity History and Analysis
Debt Level: 2323 has more cash than its total debt.
Reducing Debt: 2323's debt to equity ratio has reduced from 72.7% to 57.5% over the past 5 years.
Debt Coverage: 2323's debt is well covered by operating cash flow (31.7%).
Interest Coverage: 2323's interest payments on its debt are well covered by EBIT (11.5x coverage).