Furukawa Electric Balance Sheet Health
Financial Health criteria checks 2/6
Furukawa Electric has a total shareholder equity of ¥330.4B and total debt of ¥352.9B, which brings its debt-to-equity ratio to 106.8%. Its total assets and total liabilities are ¥965.2B and ¥634.8B respectively. Furukawa Electric's EBIT is ¥8.9B making its interest coverage ratio 1.5. It has cash and short-term investments of ¥53.0B.
Key information
106.8%
Debt to equity ratio
JP¥352.91b
Debt
| Interest coverage ratio | 1.5x |
| Cash | JP¥53.03b |
| Equity | JP¥330.43b |
| Total liabilities | JP¥634.75b |
| Total assets | JP¥965.18b |
Recent financial health updates
Recent updates
Here's Why Furukawa Electric (TSE:5801) Is Weighed Down By Its Debt Load
May 02
Furukawa 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 (¥510.8B) exceed its short term liabilities (¥400.9B).
Long Term Liabilities: 5801's short term assets (¥510.8B) exceed its long term liabilities (¥233.9B).
Debt to Equity History and Analysis
Debt Level: 5801's net debt to equity ratio (90.8%) is considered high.
Reducing Debt: 5801's debt to equity ratio has increased from 93.8% to 106.8% over the past 5 years.
Debt Coverage: 5801's debt is not well covered by operating cash flow (9%).
Interest Coverage: 5801's interest payments on its debt are not well covered by EBIT (1.5x coverage).