Ultrafabrics HoldingsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Ultrafabrics HoldingsLtd has a total shareholder equity of ¥14.1B and total debt of ¥16.6B, which brings its debt-to-equity ratio to 117.4%. Its total assets and total liabilities are ¥36.0B and ¥21.8B respectively. Ultrafabrics HoldingsLtd's EBIT is ¥3.8B making its interest coverage ratio 6.7. It has cash and short-term investments of ¥3.6B.
Key information
117.4%
Debt to equity ratio
JP¥16.61b
Debt
| Interest coverage ratio | 6.7x |
| Cash | JP¥3.62b |
| Equity | JP¥14.15b |
| Total liabilities | JP¥21.80b |
| Total assets | JP¥35.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UFHG.F's short term assets (¥11.8B) do not cover its short term liabilities (¥12.2B).
Long Term Liabilities: UFHG.F's short term assets (¥11.8B) exceed its long term liabilities (¥9.6B).
Debt to Equity History and Analysis
Debt Level: UFHG.F's net debt to equity ratio (91.8%) is considered high.
Reducing Debt: UFHG.F's debt to equity ratio has reduced from 161.5% to 117.4% over the past 5 years.
Debt Coverage: UFHG.F's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: UFHG.F's interest payments on its debt are well covered by EBIT (6.7x coverage).