Futaba Balance Sheet Health
Financial Health criteria checks 6/6
Futaba has a total shareholder equity of ¥86.5B and total debt of ¥110.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ¥98.6B and ¥12.1B respectively.
Key information
0.1%
Debt to equity ratio
JP¥110.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥27.60b |
| Equity | JP¥86.50b |
| Total liabilities | JP¥12.08b |
| Total assets | JP¥98.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6986's short term assets (¥57.5B) exceed its short term liabilities (¥7.2B).
Long Term Liabilities: 6986's short term assets (¥57.5B) exceed its long term liabilities (¥4.9B).
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 11.3% per year.