Furukawa Battery Balance Sheet Health
Financial Health criteria checks 6/6
Furukawa Battery has a total shareholder equity of ¥37.5B and total debt of ¥9.1B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are ¥67.4B and ¥29.9B respectively. Furukawa Battery's EBIT is ¥4.5B making its interest coverage ratio 117.4. It has cash and short-term investments of ¥10.2B.
Key information
24.3%
Debt to equity ratio
JP¥9.11b
Debt
| Interest coverage ratio | 117.4x |
| Cash | JP¥10.21b |
| Equity | JP¥37.49b |
| Total liabilities | JP¥29.90b |
| Total assets | JP¥67.40b |
Recent financial health updates
No updates
Recent updates
There May Be Some Bright Spots In Furukawa Battery's (TSE:6937) Earnings
Nov 19
Returns On Capital At Furukawa Battery (TSE:6937) Have Stalled
Jul 24The Furukawa Battery Co., Ltd.'s (TSE:6937) Share Price Not Quite Adding Up
Jun 18There May Be Underlying Issues With The Quality Of Furukawa Battery's (TSE:6937) Earnings
May 21Financial Position Analysis
Short Term Liabilities: 6937's short term assets (¥37.7B) exceed its short term liabilities (¥22.8B).
Long Term Liabilities: 6937's short term assets (¥37.7B) exceed its long term liabilities (¥7.1B).
Debt to Equity History and Analysis
Debt Level: 6937 has more cash than its total debt.
Reducing Debt: 6937's debt to equity ratio has reduced from 28.3% to 24.3% over the past 5 years.
Debt Coverage: 6937's debt is well covered by operating cash flow (60.1%).
Interest Coverage: 6937's interest payments on its debt are well covered by EBIT (117.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 08:38 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
The Furukawa Battery Co., Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Koichi Hariya | Ichiyoshi Research Institute Inc. |
| Neeti Tripathi | Virtua Research Inc. |