FurukawaLtd Balance Sheet Health
Financial Health criteria checks 5/6
FurukawaLtd has a total shareholder equity of ¥133.3B and total debt of ¥58.4B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are ¥259.9B and ¥126.6B respectively. FurukawaLtd's EBIT is ¥8.5B making its interest coverage ratio -17.7. It has cash and short-term investments of ¥18.5B.
Key information
43.8%
Debt to equity ratio
JP¥58.39b
Debt
Interest coverage ratio | -17.7x |
Cash | JP¥18.51b |
Equity | JP¥133.27b |
Total liabilities | JP¥126.61b |
Total assets | JP¥259.88b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5715's short term assets (¥99.6B) exceed its short term liabilities (¥51.7B).
Long Term Liabilities: 5715's short term assets (¥99.6B) exceed its long term liabilities (¥74.9B).
Debt to Equity History and Analysis
Debt Level: 5715's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: 5715's debt to equity ratio has reduced from 90.2% to 43.8% over the past 5 years.
Debt Coverage: 5715's debt is not well covered by operating cash flow (18%).
Interest Coverage: 5715 earns more interest than it pays, so coverage of interest payments is not a concern.