Fast Retailing Balance Sheet Health
Financial Health criteria checks 6/6
Fast Retailing has a total shareholder equity of ¥2,068.3B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥3,587.6B and ¥1,519.3B respectively. Fast Retailing's EBIT is ¥499.5B making its interest coverage ratio -8.9. It has cash and short-term investments of ¥1,193.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -8.9x |
| Cash | JP¥1.19t |
| Equity | JP¥2.07t |
| Total liabilities | JP¥1.52t |
| Total assets | JP¥3.59t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRCO.Y's short term assets (¥2,363.3B) exceed its short term liabilities (¥852.4B).
Long Term Liabilities: FRCO.Y's short term assets (¥2,363.3B) exceed its long term liabilities (¥666.9B).
Debt to Equity History and Analysis
Debt Level: FRCO.Y is debt free.
Reducing Debt: FRCO.Y has no debt compared to 5 years ago when its debt to equity ratio was 48.3%.
Debt Coverage: FRCO.Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FRCO.Y has no debt, therefore coverage of interest payments is not a concern.