Furukawa Electric Balance Sheet Health
Financial Health criteria checks 2/6
Furukawa Electric has a total shareholder equity of ¥358.0B and total debt of ¥333.0B, which brings its debt-to-equity ratio to 93%. Its total assets and total liabilities are ¥985.0B and ¥627.0B respectively. Furukawa Electric's EBIT is ¥11.2B making its interest coverage ratio 1.8. It has cash and short-term investments of ¥53.6B.
Key information
93.0%
Debt to equity ratio
JP¥333.04b
Debt
| Interest coverage ratio | 1.8x |
| Cash | JP¥53.64b |
| Equity | JP¥358.04b |
| Total liabilities | JP¥626.97b |
| Total assets | JP¥985.01b |
Recent financial health updates
Recent updates
Capital Allocation Trends At Furukawa Electric (TSE:5801) Aren't Ideal
Jun 28
After 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 (¥517.8B) exceed its short term liabilities (¥400.9B).
Long Term Liabilities: 5801's short term assets (¥517.8B) exceed its long term liabilities (¥226.1B).
Debt to Equity History and Analysis
Debt Level: 5801's net debt to equity ratio (78%) is considered high.
Reducing Debt: 5801's debt to equity ratio has increased from 87.9% to 93% over the past 5 years.
Debt Coverage: 5801's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 5801's interest payments on its debt are not well covered by EBIT (1.8x coverage).