FurukawaLtd Balance Sheet Health
Financial Health criteria checks 6/6
FurukawaLtd has a total shareholder equity of ¥121.9B and total debt of ¥61.8B, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are ¥252.9B and ¥131.0B respectively. FurukawaLtd's EBIT is ¥9.7B making its interest coverage ratio -114.9. It has cash and short-term investments of ¥17.8B.
Key information
50.7%
Debt to equity ratio
JP¥61.76b
Debt
Interest coverage ratio | -114.9x |
Cash | JP¥17.81b |
Equity | JP¥121.87b |
Total liabilities | JP¥131.04b |
Total assets | JP¥252.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FUR's short term assets (¥105.6B) exceed its short term liabilities (¥57.3B).
Long Term Liabilities: FUR's short term assets (¥105.6B) exceed its long term liabilities (¥73.8B).
Debt to Equity History and Analysis
Debt Level: FUR's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: FUR's debt to equity ratio has reduced from 109% to 50.7% over the past 5 years.
Debt Coverage: FUR's debt is well covered by operating cash flow (35.3%).
Interest Coverage: FUR earns more interest than it pays, so coverage of interest payments is not a concern.