Fast Retailing Balance Sheet Health
Financial Health criteria checks 6/6
Fast Retailing has a total shareholder equity of ¥2,067.7B and total debt of ¥241.2B, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are ¥3,495.8B and ¥1,428.2B respectively. Fast Retailing's EBIT is ¥419.7B making its interest coverage ratio -9.3. It has cash and short-term investments of ¥1,595.1B.
Key information
11.7%
Debt to equity ratio
JP¥241.16b
Debt
Interest coverage ratio | -9.3x |
Cash | JP¥1.60t |
Equity | JP¥2.07t |
Total liabilities | JP¥1.43t |
Total assets | JP¥3.50t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRCO.Y's short term assets (¥2,258.0B) exceed its short term liabilities (¥725.1B).
Long Term Liabilities: FRCO.Y's short term assets (¥2,258.0B) exceed its long term liabilities (¥703.1B).
Debt to Equity History and Analysis
Debt Level: FRCO.Y has more cash than its total debt.
Reducing Debt: FRCO.Y's debt to equity ratio has reduced from 47.2% to 11.7% over the past 5 years.
Debt Coverage: FRCO.Y's debt is well covered by operating cash flow (252.2%).
Interest Coverage: FRCO.Y earns more interest than it pays, so coverage of interest payments is not a concern.