Fukuyama Transporting Balance Sheet Health
Financial Health criteria checks 3/6
Fukuyama Transporting has a total shareholder equity of ¥296.4B and total debt of ¥98.1B, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are ¥503.4B and ¥207.0B respectively. Fukuyama Transporting's EBIT is ¥10.4B making its interest coverage ratio -8.9. It has cash and short-term investments of ¥29.9B.
Key information
33.1%
Debt to equity ratio
JP¥98.15b
Debt
Interest coverage ratio | -8.9x |
Cash | JP¥29.92b |
Equity | JP¥296.41b |
Total liabilities | JP¥206.98b |
Total assets | JP¥503.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9075's short term assets (¥75.3B) do not cover its short term liabilities (¥103.9B).
Long Term Liabilities: 9075's short term assets (¥75.3B) do not cover its long term liabilities (¥103.0B).
Debt to Equity History and Analysis
Debt Level: 9075's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: 9075's debt to equity ratio has reduced from 33.8% to 33.1% over the past 5 years.
Debt Coverage: 9075's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: 9075 earns more interest than it pays, so coverage of interest payments is not a concern.