Futaba Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Futaba Industrial has a total shareholder equity of ¥130.9B and total debt of ¥60.0B, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are ¥334.8B and ¥203.9B respectively. Futaba Industrial's EBIT is ¥19.2B making its interest coverage ratio -237.2. It has cash and short-term investments of ¥25.0B.
Key information
45.8%
Debt to equity ratio
JP¥60.02b
Debt
Interest coverage ratio | -237.2x |
Cash | JP¥25.03b |
Equity | JP¥130.90b |
Total liabilities | JP¥203.88b |
Total assets | JP¥334.78b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7241's short term assets (¥153.5B) exceed its short term liabilities (¥137.9B).
Long Term Liabilities: 7241's short term assets (¥153.5B) exceed its long term liabilities (¥66.0B).
Debt to Equity History and Analysis
Debt Level: 7241's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: 7241's debt to equity ratio has reduced from 112.8% to 45.8% over the past 5 years.
Debt Coverage: 7241's debt is well covered by operating cash flow (95.6%).
Interest Coverage: 7241 earns more interest than it pays, so coverage of interest payments is not a concern.