FurukawaLtd Balance Sheet Health
Financial Health criteria checks 5/6
FurukawaLtd has a total shareholder equity of ¥130.0B and total debt of ¥64.7B, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are ¥257.4B and ¥127.4B respectively. FurukawaLtd's EBIT is ¥7.4B making its interest coverage ratio -15.3. It has cash and short-term investments of ¥13.4B.
Key information
49.8%
Debt to equity ratio
JP¥64.74b
Debt
| Interest coverage ratio | -15.3x |
| Cash | JP¥13.37b |
| Equity | JP¥130.04b |
| Total liabilities | JP¥127.36b |
| Total assets | JP¥257.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FUR's short term assets (¥113.6B) exceed its short term liabilities (¥56.9B).
Long Term Liabilities: FUR's short term assets (¥113.6B) exceed its long term liabilities (¥70.5B).
Debt to Equity History and Analysis
Debt Level: FUR's net debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: FUR's debt to equity ratio has reduced from 92.4% to 49.8% over the past 5 years.
Debt Coverage: FUR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FUR earns more interest than it pays, so coverage of interest payments is not a concern.