Ferrotec Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ferrotec Holdings has a total shareholder equity of ¥299.4B and total debt of ¥149.5B, which brings its debt-to-equity ratio to 49.9%. Its total assets and total liabilities are ¥552.7B and ¥253.3B respectively. Ferrotec Holdings's EBIT is ¥24.8B making its interest coverage ratio -126.4. It has cash and short-term investments of ¥118.0B.
Key information
49.9%
Debt to equity ratio
JP¥149.55b
Debt
| Interest coverage ratio | -126.4x |
| Cash | JP¥117.97b |
| Equity | JP¥299.40b |
| Total liabilities | JP¥253.33b |
| Total assets | JP¥552.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRRZ.F's short term assets (¥271.8B) exceed its short term liabilities (¥128.8B).
Long Term Liabilities: FRRZ.F's short term assets (¥271.8B) exceed its long term liabilities (¥124.5B).
Debt to Equity History and Analysis
Debt Level: FRRZ.F's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: FRRZ.F's debt to equity ratio has reduced from 124.4% to 49.9% over the past 5 years.
Debt Coverage: FRRZ.F's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: FRRZ.F earns more interest than it pays, so coverage of interest payments is not a concern.