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Credit Rating Analysis: Foster Electric (Annual )

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

【Analysis Menu】 @Outline @Statement @Rating @Indicator @Download

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Credit Rating (Bankruptcy Risk): Foster Electric (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  BBB  Credit is enough, but be decreased potential by biz environs. ¥ 143 B
20.01%
¥ 5 B
158.18%
¥ 3 B
196.79%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating CBBBCCCCCC
Total Assets
¥ 103 B
¥ 94 B
¥ 99 B
¥ 105 B
Net Assets
¥ 38 B
¥ 42 B
¥ 45 B
¥ 47 B

Financial Statement Risk Analysis: Foster Electric (Annual ) (Consolidated )

Special note
Net sales has increased 5 consecutive terms. The performance is good.
Net Assets have increased 5consecutive terms. The fiscal base is getting better.
[Date: 2013-03-31]  Danger : Warning : Caution : Good
Dividend
Under the situation of Net Income (¥ 3 B) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -466 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 143 B) is first term (¥ 119 B) more, however Operating Cash Flow (¥ 1 B) is first term (¥ 2 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is decrease )
Net Income (¥ 1 B) is first term Net Income (¥ 4 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (0.94%) is first term Net Profit Margin (4.58%) less , there is a possibility that the profitability has deteriorated.
Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -1 B) is paid.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -2 B) and Investment Cash Flow (¥ -7 B) is minus, Net Income (¥ 4 B) is plus. Because it is unnatural that profits have come out in this situation, the possibility of holding the non-performing asset is very high.
Management Risk (*Net Income is decrease )
Net Income (¥ 4 B) is first term Net Income (¥ 5 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (4.58%) is first term Net Profit Margin (6.49%) less , there is a possibility that the profitability has deteriorated.
Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -2 B) is a minus, Financial Cash Flow (¥ 7 B) is a plus. Because sale is inactive, it may depend for financing on loan from banks, capital increase, etc.
Dividend Risk
Under the situation of Net Income (¥ 4 B) & Operating Cash Flow (¥ -2 B), Dividend (¥ -1 B) is paid.
Financing Risk (*Interest-bearing Debt more)
Operating Cash Flow (¥ -2 B) is a minus, Interest-bearing Debt (¥ 14 B) is first term Interest-bearing Debt (¥ 6 B) more , there is a possibility that the financing has deteriorated very much.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 101 B) is first term (¥ 88 B) more, however Operating Cash Flow (¥ -2 B) is first term (¥ 8 B) less , there is a possibility that the financing has deteriorated very much.
Non-performing asset Risk
Operating Cash Flow (¥ -2 B) is a minus, Other Current Assets (¥ 38 B) - more than 50% of Total Assets (¥ 65 B) is occupied , there is a possibility of holding the non-performing asset.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -2 B) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 8 B) is a plus,
Dividend
Under the situation of Net Income (¥ 5 B) & Operating Cash Flow (¥ 8 B) , Dividend (¥ -604 M) is paid.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -3 B) & Financial Cash Flow (¥ -586 M) is a minus, Operating Cash Flow (¥ 6 B) is a plus,
Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 6 B) , Dividend (¥ -915 M) is paid.

Related Information: Foster Electric (Annual )

Statement Type
Annual : Foster Electric
First quarter : Foster Electric
Second quarter : Foster Electric
Third quarter : Foster Electric
Analysis Menu
@Outline : Foster Electric
@Statement : Foster Electric
@Rating : Foster Electric
@Indicator : Foster Electric
@Download : Foster Electric
Industry Comparison Ranking
Electric Appliances - EDIUNET Industry Rankings
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Comparison with a neighboring company
Tokyo - EDIUNET Prefectures
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Ticker Market Industry Month report Rating
@ Foster Electric 6794 TSE 1st Electric Appliances 3 Annual BBB

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