Forval Balance Sheet Health
Financial Health criteria checks 6/6
Forval has a total shareholder equity of ¥19.0B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ¥39.8B and ¥20.8B respectively. Forval's EBIT is ¥3.4B making its interest coverage ratio 190.2. It has cash and short-term investments of ¥11.2B.
Key information
17.5%
Debt to equity ratio
JP¥3.33b
Debt
| Interest coverage ratio | 190.2x |
| Cash | JP¥11.18b |
| Equity | JP¥19.02b |
| Total liabilities | JP¥20.81b |
| Total assets | JP¥39.84b |
Recent financial health updates
Recent updates
Forval (TSE:8275) Is Paying Out A Larger Dividend Than Last Year
Nov 15
What Forval Corporation's (TSE:8275) 25% Share Price Gain Is Not Telling You
Sep 04Forval (TSE:8275) Will Be Hoping To Turn Its Returns On Capital Around
Aug 13We Think Forval (TSE:8275) Can Manage Its Debt With Ease
Jun 14Why Investors Shouldn't Be Surprised By Forval Corporation's (TSE:8275) 25% Share Price Surge
May 21Forval's (TSE:8275) Dividend Will Be Increased To ¥28.00
Mar 04Financial Position Analysis
Short Term Liabilities: 8275's short term assets (¥26.8B) exceed its short term liabilities (¥15.3B).
Long Term Liabilities: 8275's short term assets (¥26.8B) exceed its long term liabilities (¥5.5B).
Debt to Equity History and Analysis
Debt Level: 8275 has more cash than its total debt.
Reducing Debt: 8275's debt to equity ratio has reduced from 37.8% to 17.5% over the past 5 years.
Debt Coverage: 8275's debt is well covered by operating cash flow (84.9%).
Interest Coverage: 8275's interest payments on its debt are well covered by EBIT (190.2x coverage).