Furukawa Electric Balance Sheet Health
Financial Health criteria checks 2/6
Furukawa Electric has a total shareholder equity of ¥339.6B and total debt of ¥331.2B, which brings its debt-to-equity ratio to 97.5%. Its total assets and total liabilities are ¥972.9B and ¥633.2B respectively. Furukawa Electric's EBIT is ¥17.5B making its interest coverage ratio 2.8. It has cash and short-term investments of ¥47.6B.
Key information
97.5%
Debt to equity ratio
JP¥331.16b
Debt
| Interest coverage ratio | 2.8x |
| Cash | JP¥47.56b |
| Equity | JP¥339.62b |
| Total liabilities | JP¥633.25b |
| Total assets | JP¥972.86b |
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
Is 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 (¥532.7B) exceed its short term liabilities (¥417.3B).
Long Term Liabilities: 5801's short term assets (¥532.7B) exceed its long term liabilities (¥215.9B).
Debt to Equity History and Analysis
Debt Level: 5801's net debt to equity ratio (83.5%) is considered high.
Reducing Debt: 5801's debt to equity ratio has increased from 91.4% to 97.5% 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 (2.8x coverage).