FTGroup Balance Sheet Health
Financial Health criteria checks 6/6
FTGroup has a total shareholder equity of ¥24.0B and total debt of ¥3.6B, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are ¥32.8B and ¥8.8B respectively. FTGroup's EBIT is ¥7.8B making its interest coverage ratio 972.5. It has cash and short-term investments of ¥21.1B.
Key information
14.9%
Debt to equity ratio
JP¥3.57b
Debt
Interest coverage ratio | 972.5x |
Cash | JP¥21.10b |
Equity | JP¥24.04b |
Total liabilities | JP¥8.81b |
Total assets | JP¥32.85b |
Recent financial health updates
Does FTGroup (TYO:2763) Have A Healthy Balance Sheet?
Feb 14We 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
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 (¥6.3B).
Long Term Liabilities: 2763's short term assets (¥27.9B) exceed its long term liabilities (¥2.5B).
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 71.6% to 14.9% over the past 5 years.
Debt Coverage: 2763's debt is well covered by operating cash flow (187.6%).
Interest Coverage: 2763's interest payments on its debt are well covered by EBIT (972.5x coverage).