Finatext Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Finatext Holdings has a total shareholder equity of ¥8.9B and total debt of ¥599.0M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ¥16.2B and ¥7.3B respectively. Finatext Holdings's EBIT is ¥506.0M making its interest coverage ratio -72.3. It has cash and short-term investments of ¥6.2B.
Key information
6.8%
Debt to equity ratio
JP¥599.00m
Debt
| Interest coverage ratio | -72.3x |
| Cash | JP¥6.20b |
| Equity | JP¥8.87b |
| Total liabilities | JP¥7.33b |
| Total assets | JP¥16.20b |
Recent financial health updates
Recent updates
Returns Are Gaining Momentum At Finatext Holdings (TSE:4419)
Nov 16
Investors Will Want Finatext Holdings' (TSE:4419) Growth In ROCE To Persist
Aug 07Why Investors Shouldn't Be Surprised By Finatext Holdings Ltd.'s (TSE:4419) 28% Share Price Surge
Jul 17These 4 Measures Indicate That Finatext Holdings (TSE:4419) Is Using Debt Reasonably Well
Jul 12Why Investors Shouldn't Be Surprised By Finatext Holdings Ltd.'s (TSE:4419) 39% Share Price Surge
Feb 26Financial Position Analysis
Short Term Liabilities: 4419's short term assets (¥15.5B) exceed its short term liabilities (¥6.9B).
Long Term Liabilities: 4419's short term assets (¥15.5B) exceed its long term liabilities (¥439.0M).
Debt to Equity History and Analysis
Debt Level: 4419 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4419's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4419's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4419 earns more interest than it pays, so coverage of interest payments is not a concern.