Furukawa Electric Balance Sheet Health
Financial Health criteria checks 3/6
Furukawa Electric has a total shareholder equity of ¥353.3B and total debt of ¥331.5B, which brings its debt-to-equity ratio to 93.8%. Its total assets and total liabilities are ¥975.8B and ¥622.5B respectively. Furukawa Electric's EBIT is ¥33.3B making its interest coverage ratio 5.6. It has cash and short-term investments of ¥57.2B.
Key information
93.8%
Debt to equity ratio
JP¥331.52b
Debt
| Interest coverage ratio | 5.6x |
| Cash | JP¥57.20b |
| Equity | JP¥353.28b |
| Total liabilities | JP¥622.54b |
| Total assets | JP¥975.81b |
Recent financial health updates
Is Furukawa Electric (TSE:5801) A Risky Investment?
Aug 28
Here's Why Furukawa Electric (TSE:5801) Is Weighed Down By Its Debt Load
May 02Recent updates
Impressive Earnings May Not Tell The Whole Story For Furukawa Electric (TSE:5801)
Nov 21Furukawa Electric (TSE:5801) Is Increasing Its Dividend To ¥90.00
Nov 11Furukawa Electric Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 09Furukawa Electric Co., Ltd. (TSE:5801) Stocks Shoot Up 31% But Its P/E Still Looks Reasonable
Nov 08Furukawa Electric's (TSE:5801) Returns On Capital Not Reflecting Well On The Business
Oct 06Is Furukawa Electric (TSE:5801) A Risky Investment?
Aug 28Furukawa Electric Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 09Furukawa Electric Co., Ltd.'s (TSE:5801) Share Price Is Still Matching Investor Opinion Despite 26% Slump
Aug 05Estimating The Fair Value Of Furukawa Electric Co., Ltd. (TSE:5801)
Aug 01Capital Allocation Trends At Furukawa Electric (TSE:5801) Aren't Ideal
Jun 28After Leaping 31% Furukawa Electric Co., Ltd. (TSE:5801) Shares Are Not Flying Under The Radar
May 28Furukawa Electric's (TSE:5801) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 21Here's Why Furukawa Electric (TSE:5801) Is Weighed Down By Its Debt Load
May 02Furukawa Electric Co., Ltd. (TSE:5801) Not Lagging Industry On Growth Or Pricing
Apr 06Furukawa Electric (TSE:5801) Is Paying Out Less In Dividends Than Last Year
Mar 15Some Investors May Be Worried About Furukawa Electric's (TSE:5801) Returns On Capital
Mar 08Financial Position Analysis
Short Term Liabilities: 5801's short term assets (¥535.4B) exceed its short term liabilities (¥401.3B).
Long Term Liabilities: 5801's short term assets (¥535.4B) exceed its long term liabilities (¥221.3B).
Debt to Equity History and Analysis
Debt Level: 5801's net debt to equity ratio (77.7%) is considered high.
Reducing Debt: 5801's debt to equity ratio has increased from 90.3% to 93.8% over the past 5 years.
Debt Coverage: 5801's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: 5801's interest payments on its debt are well covered by EBIT (5.6x coverage).