FLIGHT SOLUTIONS Balance Sheet Health
Financial Health criteria checks 3/6
FLIGHT SOLUTIONS has a total shareholder equity of ¥522.0M and total debt of ¥731.0M, which brings its debt-to-equity ratio to 140%. Its total assets and total liabilities are ¥1.6B and ¥1.1B respectively. FLIGHT SOLUTIONS's EBIT is ¥130.0M making its interest coverage ratio 32.5. It has cash and short-term investments of ¥264.0M.
Key information
140.0%
Debt to equity ratio
JP¥731.00m
Debt
Interest coverage ratio | 32.5x |
Cash | JP¥264.00m |
Equity | JP¥522.00m |
Total liabilities | JP¥1.06b |
Total assets | JP¥1.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3753's short term assets (¥1.1B) exceed its short term liabilities (¥566.0M).
Long Term Liabilities: 3753's short term assets (¥1.1B) exceed its long term liabilities (¥489.0M).
Debt to Equity History and Analysis
Debt Level: 3753's net debt to equity ratio (89.5%) is considered high.
Reducing Debt: 3753's debt to equity ratio has increased from 65.9% to 140% over the past 5 years.
Debt Coverage: 3753's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3753's interest payments on its debt are well covered by EBIT (32.5x coverage).