Futaba Balance Sheet Health

Financial Health criteria checks 6/6

Futaba has a total shareholder equity of ¥93.1B and total debt of ¥121.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ¥106.7B and ¥13.6B respectively.

Key information

0.1%

Debt to equity ratio

JP¥121.00m

Debt

Interest coverage ration/a
CashJP¥28.35b
EquityJP¥93.06b
Total liabilitiesJP¥13.63b
Total assetsJP¥106.69b

Recent financial health updates

No updates

Recent updates

Investors Appear Satisfied With Futaba Corporation's (TSE:6986) Prospects As Shares Rocket 26%

Jun 26
Investors Appear Satisfied With Futaba Corporation's (TSE:6986) Prospects As Shares Rocket 26%

Financial Position Analysis

Short Term Liabilities: 6986's short term assets (¥62.8B) exceed its short term liabilities (¥7.9B).

Long Term Liabilities: 6986's short term assets (¥62.8B) exceed its long term liabilities (¥5.7B).


Debt to Equity History and Analysis

Debt Level: 6986 has more cash than its total debt.

Reducing Debt: 6986's debt to equity ratio has reduced from 0.8% to 0.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 6986 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 6986 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 31.6% per year.


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