Fibergate Balance Sheet Health
Financial Health criteria checks 5/6
Fibergate has a total shareholder equity of ¥5.1B and total debt of ¥4.8B, which brings its debt-to-equity ratio to 94.4%. Its total assets and total liabilities are ¥13.4B and ¥8.2B respectively. Fibergate's EBIT is ¥2.4B making its interest coverage ratio 93.3. It has cash and short-term investments of ¥2.0B.
Key information
94.4%
Debt to equity ratio
JP¥4.83b
Debt
Interest coverage ratio | 93.3x |
Cash | JP¥2.00b |
Equity | JP¥5.12b |
Total liabilities | JP¥8.24b |
Total assets | JP¥13.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9450's short term assets (¥5.7B) exceed its short term liabilities (¥5.1B).
Long Term Liabilities: 9450's short term assets (¥5.7B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: 9450's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: 9450's debt to equity ratio has reduced from 144.2% to 94.4% over the past 5 years.
Debt Coverage: 9450's debt is well covered by operating cash flow (90.9%).
Interest Coverage: 9450's interest payments on its debt are well covered by EBIT (93.3x coverage).