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Credit Rating Analysis: フジタ (Annual )

The details of credit rating (bankruptcy risk) can be checked. A credit rating in nine stages (AAA-C).

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Credit Rating (Bankruptcy Risk): フジタ (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2012-03-31  BB  Credit is a little enough, but be insufficient potential by biz environs. ¥ 310 B
28.77%
¥ 3 B
32.68%
¥ 1 B
-52.91%

Financial Timeline

Date  2011-12-31 
(Third quarter )
 2012-03-31 
(Annual )
 2012-06-30 
(First quarter )
 2012-09-30 
(Second quarter )
Credit Rating CCCBBCC
Total Assets
¥ 184 B
¥ 194 B
¥ 176 B
¥ 167 B
Net Assets
¥ 28 B
¥ 29 B
¥ 27 B
¥ 24 B

Financial Statement Risk Analysis: フジタ (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
Net Assets have increased 4consecutive terms. The fiscal base is getting better.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is decrease )
Net Income (¥ 1 B) is first term Net Income (¥ 3 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (0.51%) is first term Net Profit Margin (1.40%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -1 B) & Financial Cash Flow (¥ -269 M) is a minus, Operating Cash Flow (¥ 6 B) is a plus,
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 310 B) is first term (¥ 241 B) more, however Operating Cash Flow (¥ 6 B) is first term (¥ 13 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 241 B) is first term Sales (¥ 267 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 215 B) is first term Gross Income (¥ 237 B) less , there is a possibility that the management situation has stagnated and deteriorated
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -8 B) is Sales first term ratio (¥ -25 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 267 B) is first term Sales (¥ 329 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 237 B) is first term Gross Income (¥ 302 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -188 M) & Financial Cash Flow (¥ -3 B) is a minus, Operating Cash Flow (¥ 1 B) is a plus,
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -35 B) is Sales first term ratio (¥ -61 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -9 B) & Operating Cash Flow (¥ -17 B) is minus or 0, so , there is a possibility that the management situation is very severe.
Dividend Risk
Under the situation of Net Income (¥ -9 B) & Operating Cash Flow (¥ -17 B), Dividend (¥ -2 B) is paid.
Non-performing asset Risk
Net Income (¥ -9 B) Operating Cash Flow (¥ -17 B) is a minus, Other Current Assets (¥ 125 B) - more than 50% of Total Assets (¥ 200 B) is occupied , there is a possibility of holding the non-performing asset.
Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -17 B) and Investment Cash Flow (¥ -158 M) is minus, so , there is a possibility of the overinvestment.

Ticker Market Industry Month report Rating
@ フジタ Construction 3 Annual BB

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