Fixstars Balance Sheet Health
Financial Health criteria checks 5/6
Fixstars has a total shareholder equity of ¥6.2B and total debt of ¥898.0M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are ¥8.3B and ¥2.1B respectively. Fixstars's EBIT is ¥2.3B making its interest coverage ratio 1134. It has cash and short-term investments of ¥4.4B.
Key information
14.4%
Debt to equity ratio
JP¥898.00m
Debt
Interest coverage ratio | 1134x |
Cash | JP¥4.45b |
Equity | JP¥6.23b |
Total liabilities | JP¥2.11b |
Total assets | JP¥8.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3687's short term assets (¥7.5B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 3687's short term assets (¥7.5B) exceed its long term liabilities (¥106.0M).
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 14.4% over the past 5 years.
Debt Coverage: 3687's debt is well covered by operating cash flow (151.9%).
Interest Coverage: 3687's interest payments on its debt are well covered by EBIT (1134x coverage).