Fukuda Denshi Balance Sheet Health
Financial Health criteria checks 6/6
Fukuda Denshi has a total shareholder equity of ¥173.2B and total debt of ¥1.8B, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ¥210.7B and ¥37.5B respectively. Fukuda Denshi's EBIT is ¥27.3B making its interest coverage ratio -80.5. It has cash and short-term investments of ¥65.9B.
Key information
1.0%
Debt to equity ratio
JP¥1.80b
Debt
| Interest coverage ratio | -80.5x |
| Cash | JP¥65.88b |
| Equity | JP¥173.23b |
| Total liabilities | JP¥37.51b |
| Total assets | JP¥210.74b |
Recent financial health updates
Recent updates
Is Fukuda Denshi (TSE:6960) Using Too Much Debt?
Apr 26
Fukuda Denshi Co., Ltd.'s (TSE:6960) Shares Not Telling The Full Story
Apr 06Estimating The Intrinsic Value Of Fukuda Denshi Co., Ltd. (TSE:6960)
Mar 07The Returns At Fukuda Denshi (TYO:6960) Aren't Growing
Apr 29Are Strong Financial Prospects The Force That Is Driving The Momentum In Fukuda Denshi Co., Ltd.'s TYO:6960) Stock?
Mar 19Did Fukuda Denshi's (TYO:6960) Share Price Deserve to Gain 39%?
Mar 03Should You Be Adding Fukuda Denshi (TYO:6960) To Your Watchlist Today?
Feb 16Here's How We Evaluate Fukuda Denshi Co., Ltd.'s (TYO:6960) Dividend
Feb 02
We're Watching These Trends At Fukuda Denshi (TYO:6960)
Jan 13What Is The Ownership Structure Like For Fukuda Denshi Co., Ltd. (TYO:6960)?
Dec 23Fukuda Denshi Co., Ltd. (TYO:6960) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Dec 04Financial Position Analysis
Short Term Liabilities: 6960's short term assets (¥123.8B) exceed its short term liabilities (¥31.2B).
Long Term Liabilities: 6960's short term assets (¥123.8B) exceed its long term liabilities (¥6.3B).
Debt to Equity History and Analysis
Debt Level: 6960 has more cash than its total debt.
Reducing Debt: 6960's debt to equity ratio has reduced from 1.6% to 1% over the past 5 years.
Debt Coverage: 6960's debt is well covered by operating cash flow (1235.3%).
Interest Coverage: 6960 earns more interest than it pays, so coverage of interest payments is not a concern.