FLECT Balance Sheet Health
Financial Health criteria checks 5/6
FLECT has a total shareholder equity of ¥2.0B and total debt of ¥585.0M, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are ¥4.0B and ¥2.0B respectively. FLECT's EBIT is ¥757.0M making its interest coverage ratio 126.2. It has cash and short-term investments of ¥1.6B.
Key information
29.4%
Debt to equity ratio
JP¥585.00m
Debt
Interest coverage ratio | 126.2x |
Cash | JP¥1.58b |
Equity | JP¥1.99b |
Total liabilities | JP¥2.02b |
Total assets | JP¥4.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4414's short term assets (¥3.6B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 4414's short term assets (¥3.6B) exceed its long term liabilities (¥519.0M).
Debt to Equity History and Analysis
Debt Level: 4414 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4414's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4414's debt is well covered by operating cash flow (102.6%).
Interest Coverage: 4414's interest payments on its debt are well covered by EBIT (126.2x coverage).