Fixstars Balance Sheet Health
Financial Health criteria checks 5/6
Fixstars has a total shareholder equity of ¥5.7B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ¥7.7B and ¥2.0B respectively. Fixstars's EBIT is ¥2.1B making its interest coverage ratio 1063.5. It has cash and short-term investments of ¥4.0B.
Key information
19.3%
Debt to equity ratio
JP¥1.10b
Debt
Interest coverage ratio | 1063.5x |
Cash | JP¥4.01b |
Equity | JP¥5.70b |
Total liabilities | JP¥1.97b |
Total assets | JP¥7.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3687's short term assets (¥6.9B) exceed its short term liabilities (¥1.7B).
Long Term Liabilities: 3687's short term assets (¥6.9B) exceed its long term liabilities (¥304.0M).
Debt to Equity History and Analysis
Debt Level: 3687 has more cash than its total debt.
Reducing Debt: 3687's debt to equity ratio has increased from 0% to 19.3% over the past 5 years.
Debt Coverage: 3687's debt is well covered by operating cash flow (65.5%).
Interest Coverage: 3687's interest payments on its debt are well covered by EBIT (1063.5x coverage).