Feedforce Group Balance Sheet Health
Financial Health criteria checks 5/6
Feedforce Group has a total shareholder equity of ¥2.8B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 75.7%. Its total assets and total liabilities are ¥6.8B and ¥4.0B respectively. Feedforce Group's EBIT is ¥1.3B making its interest coverage ratio 89.5. It has cash and short-term investments of ¥3.0B.
Key information
75.7%
Debt to equity ratio
JP¥2.12b
Debt
| Interest coverage ratio | 89.5x |
| Cash | JP¥2.97b |
| Equity | JP¥2.80b |
| Total liabilities | JP¥3.99b |
| Total assets | JP¥6.79b |
Recent financial health updates
These 4 Measures Indicate That Feedforce Group (TSE:7068) Is Using Debt Reasonably Well
Nov 22
Feedforce Group (TSE:7068) Seems To Use Debt Rather Sparingly
Mar 29Recent updates
These 4 Measures Indicate That Feedforce Group (TSE:7068) Is Using Debt Reasonably Well
Nov 22Feedforce Group Inc.'s (TSE:7068) 25% Share Price Plunge Could Signal Some Risk
Oct 23Estimating The Intrinsic Value Of Feedforce Group Inc. (TSE:7068)
Sep 27Feedforce Group Inc.'s (TSE:7068) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Aug 06Feedforce Group (TSE:7068) Knows How To Allocate Capital Effectively
Aug 04The Strong Earnings Posted By Feedforce Group (TSE:7068) Are A Good Indication Of The Strength Of The Business
Jul 05Feedforce Group Inc. (TSE:7068) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Apr 28Feedforce Group (TSE:7068) Seems To Use Debt Rather Sparingly
Mar 29Financial Position Analysis
Short Term Liabilities: 7068's short term assets (¥5.5B) exceed its short term liabilities (¥2.8B).
Long Term Liabilities: 7068's short term assets (¥5.5B) exceed its long term liabilities (¥1.2B).
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 (40.7%).
Interest Coverage: 7068's interest payments on its debt are well covered by EBIT (89.5x coverage).