Feedforce Group Balance Sheet Health
Financial Health criteria checks 5/6
Feedforce Group has a total shareholder equity of ¥2.7B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are ¥6.4B and ¥3.7B respectively. Feedforce Group's EBIT is ¥1.2B making its interest coverage ratio 614. It has cash and short-term investments of ¥2.4B.
Key information
55.1%
Debt to equity ratio
JP¥1.49b
Debt
Interest coverage ratio | 614x |
Cash | JP¥2.36b |
Equity | JP¥2.70b |
Total liabilities | JP¥3.68b |
Total assets | JP¥6.38b |
Financial Position Analysis
Short Term Liabilities: 7068's short term assets (¥5.0B) exceed its short term liabilities (¥3.5B).
Long Term Liabilities: 7068's short term assets (¥5.0B) exceed its long term liabilities (¥210.0M).
Debt to Equity History and Analysis
Debt Level: 7068 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 7068's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7068's debt is well covered by operating cash flow (27.5%).
Interest Coverage: 7068's interest payments on its debt are well covered by EBIT (614x coverage).