FTGroup Balance Sheet Health
Financial Health criteria checks 6/6
FTGroup has a total shareholder equity of ¥26.9B and total debt of ¥3.4B, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are ¥36.6B and ¥9.8B respectively. FTGroup's EBIT is ¥9.4B making its interest coverage ratio 1041.6. It has cash and short-term investments of ¥17.1B.
Key information
12.5%
Debt to equity ratio
JP¥3.37b
Debt
| Interest coverage ratio | 1041.6x |
| Cash | JP¥17.15b |
| Equity | JP¥26.86b |
| Total liabilities | JP¥9.77b |
| Total assets | JP¥36.64b |
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 ¥20.00
Sep 16
The Market Lifts FTGroup Co., Ltd. (TSE:2763) Shares 29% But It Can Do More
Sep 04FTGroup (TSE:2763) Will Pay A Dividend Of ¥20.00
Sep 02FTGroup (TSE:2763) Is Paying Out A Dividend Of ¥20.00
Aug 19FTGroup's (TSE:2763) Earnings Seem To Be Promising
Aug 16FTGroup (TSE:2763) Is Due To Pay A Dividend Of ¥20.00
Jul 26FTGroup's (TSE:2763) Dividend Will Be ¥20.00
Jul 11FTGroup (TSE:2763) Is Paying Out A Dividend Of ¥35.00
Mar 12FTGroup (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 (¥27.9B) exceed its short term liabilities (¥6.8B).
Long Term Liabilities: 2763's short term assets (¥27.9B) exceed its long term liabilities (¥2.9B).
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 69.4% to 12.5% over the past 5 years.
Debt Coverage: 2763's debt is well covered by operating cash flow (199.4%).
Interest Coverage: 2763's interest payments on its debt are well covered by EBIT (1041.6x coverage).