Forval TelecomInc Balance Sheet Health
Financial Health criteria checks 5/6
Forval TelecomInc has a total shareholder equity of ¥2.7B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are ¥10.8B and ¥8.1B respectively. Forval TelecomInc's EBIT is ¥1.1B making its interest coverage ratio 77.2. It has cash and short-term investments of ¥1.0B.
Key information
68.9%
Debt to equity ratio
JP¥1.85b
Debt
Interest coverage ratio | 77.2x |
Cash | JP¥1.01b |
Equity | JP¥2.68b |
Total liabilities | JP¥8.14b |
Total assets | JP¥10.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9445's short term assets (¥7.3B) do not cover its short term liabilities (¥7.9B).
Long Term Liabilities: 9445's short term assets (¥7.3B) exceed its long term liabilities (¥241.0M).
Debt to Equity History and Analysis
Debt Level: 9445's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: 9445's debt to equity ratio has reduced from 172.4% to 68.9% over the past 5 years.
Debt Coverage: 9445's debt is well covered by operating cash flow (70.1%).
Interest Coverage: 9445's interest payments on its debt are well covered by EBIT (77.2x coverage).