Fujita Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Fujita Engineering has a total shareholder equity of ¥18.4B and total debt of ¥705.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ¥29.2B and ¥10.9B respectively. Fujita Engineering's EBIT is ¥2.8B making its interest coverage ratio -41.1. It has cash and short-term investments of ¥5.5B.
Key information
3.8%
Debt to equity ratio
JP¥705.00m
Debt
| Interest coverage ratio | -41.1x |
| Cash | JP¥5.54b |
| Equity | JP¥18.37b |
| Total liabilities | JP¥10.85b |
| Total assets | JP¥29.22b |
Recent financial health updates
These 4 Measures Indicate That Fujita Engineering (TYO:1770) Is Using Debt Safely
May 06
We Think Fujita Engineering (TYO:1770) Can Manage Its Debt With Ease
Feb 02Recent updates
We Think That There Are Issues Underlying Fujita Engineering's (TSE:1770) Earnings
Nov 19Sentiment Still Eluding Fujita Engineering Co., Ltd. (TSE:1770)
Aug 07These 4 Measures Indicate That Fujita Engineering (TYO:1770) Is Using Debt Safely
May 06Should Fujita Engineering Co., Ltd. (TYO:1770) Be Part Of Your Dividend Portfolio?
Apr 15Is There More Growth In Store For Fujita Engineering's (TYO:1770) Returns On Capital?
Mar 16Shareholders Of Fujita Engineering (TYO:1770) Must Be Happy With Their 163% Total Return
Feb 23We Think Fujita Engineering (TYO:1770) Can Manage Its Debt With Ease
Feb 02Does Fujita Engineering Co., Ltd. (TYO:1770) Have A Place In Your Dividend Portfolio?
Jan 12
Is Fujita Engineering (TYO:1770) Likely To Turn Things Around?
Dec 16Shareholders Of Fujita Engineering (TYO:1770) Must Be Happy With Their 90% Return
Nov 25Financial Position Analysis
Short Term Liabilities: 1770's short term assets (¥19.5B) exceed its short term liabilities (¥9.2B).
Long Term Liabilities: 1770's short term assets (¥19.5B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 1770 has more cash than its total debt.
Reducing Debt: 1770's debt to equity ratio has reduced from 6.1% to 3.8% over the past 5 years.
Debt Coverage: 1770's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1770 earns more interest than it pays, so coverage of interest payments is not a concern.