FTGroup Balance Sheet Health
Financial Health criteria checks 6/6
FTGroup has a total shareholder equity of ¥22.1B and total debt of ¥4.1B, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are ¥31.0B and ¥8.9B respectively. FTGroup's EBIT is ¥6.8B making its interest coverage ratio 160.8. It has cash and short-term investments of ¥18.5B.
Key information
18.6%
Debt to equity ratio
JP¥4.11b
Debt
| Interest coverage ratio | 160.8x |
| Cash | JP¥18.49b |
| Equity | JP¥22.11b |
| Total liabilities | JP¥8.90b |
| Total assets | JP¥31.02b |
Recent financial health updates
Does FTGroup (TYO:2763) Have A Healthy Balance Sheet?
Feb 14
We Think FTGroup (TYO:2763) Can Stay On Top Of Its Debt
Jul 03Recent updates
FTGroup (TSE:2763) Is Paying Out A Dividend Of ¥35.00
Mar 12
FTGroup (TSE:2763) Is Paying Out A Dividend Of ¥35.00
Feb 27The Returns On Capital At FTGroup (TYO:2763) Don't Inspire Confidence
Apr 07Here's Why I Think FTGroup (TYO:2763) Might Deserve Your Attention Today
Mar 13What You Need To Know About FTGroup Co., Ltd.'s (TYO:2763) Investor Composition
Feb 27Does FTGroup (TYO:2763) Have A Healthy Balance Sheet?
Feb 14FTGroup (TYO:2763) Has Gifted Shareholders With A Fantastic 159% Total Return On Their Investment
Feb 01FTGroup Co., Ltd.'s (TYO:2763) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Jan 19Are FTGroup's (TYO:2763) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 06Has FTGroup (TYO:2763) Got What It Takes To Become A Multi-Bagger?
Dec 24FTGroup Co., Ltd. (TYO:2763) Is Yielding 4.3% - But Is It A Buy?
Dec 11Is FTGroup Co., Ltd.'s (TYO:2763) Shareholder Ownership Skewed Towards Insiders?
Nov 28Are Strong Financial Prospects The Force That Is Driving The Momentum In FTGroup Co., Ltd.'s TYO:2763) Stock?
Jul 15We Think FTGroup (TYO:2763) Can Stay On Top Of Its Debt
Jul 03Financial Position Analysis
Short Term Liabilities: 2763's short term assets (¥26.4B) exceed its short term liabilities (¥6.1B).
Long Term Liabilities: 2763's short term assets (¥26.4B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 2763 has more cash than its total debt.
Reducing Debt: 2763's debt to equity ratio has reduced from 31.9% to 18.6% over the past 5 years.
Debt Coverage: 2763's debt is well covered by operating cash flow (202.7%).
Interest Coverage: 2763's interest payments on its debt are well covered by EBIT (160.8x coverage).