Star Flyer Balance Sheet Health
Financial Health criteria checks 3/6
Star Flyer has a total shareholder equity of ¥3.2B and total debt of ¥5.2B, which brings its debt-to-equity ratio to 161.8%. Its total assets and total liabilities are ¥23.6B and ¥20.3B respectively. Star Flyer's EBIT is ¥91.0M making its interest coverage ratio 2.1. It has cash and short-term investments of ¥8.7B.
Key information
161.8%
Debt to equity ratio
JP¥5.21b
Debt
Interest coverage ratio | 2.1x |
Cash | JP¥8.65b |
Equity | JP¥3.22b |
Total liabilities | JP¥20.34b |
Total assets | JP¥23.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9206's short term assets (¥15.4B) exceed its short term liabilities (¥6.9B).
Long Term Liabilities: 9206's short term assets (¥15.4B) exceed its long term liabilities (¥13.4B).
Debt to Equity History and Analysis
Debt Level: 9206 has more cash than its total debt.
Reducing Debt: 9206's debt to equity ratio has increased from 46.4% to 161.8% over the past 5 years.
Debt Coverage: 9206's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9206's interest payments on its debt are not well covered by EBIT (2.1x coverage).