Future Balance Sheet Health
Financial Health criteria checks 5/6
Future has a total shareholder equity of ¥51.3B and total debt of ¥20.0B, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are ¥87.4B and ¥36.1B respectively. Future's EBIT is ¥13.9B making its interest coverage ratio -44. It has cash and short-term investments of ¥28.1B.
Key information
39.0%
Debt to equity ratio
JP¥20.00b
Debt
Interest coverage ratio | -44x |
Cash | JP¥28.13b |
Equity | JP¥51.31b |
Total liabilities | JP¥36.08b |
Total assets | JP¥87.39b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSX's short term assets (¥45.8B) exceed its short term liabilities (¥15.6B).
Long Term Liabilities: FSX's short term assets (¥45.8B) exceed its long term liabilities (¥20.5B).
Debt to Equity History and Analysis
Debt Level: FSX has more cash than its total debt.
Reducing Debt: FSX's debt to equity ratio has increased from 1.6% to 39% over the past 5 years.
Debt Coverage: FSX's debt is well covered by operating cash flow (37.8%).
Interest Coverage: FSX earns more interest than it pays, so coverage of interest payments is not a concern.