Furubayashi ShikoLtd Balance Sheet Health
Financial Health criteria checks 6/6
Furubayashi ShikoLtd has a total shareholder equity of ¥9.4B and total debt of ¥2.8B, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are ¥19.0B and ¥9.6B respectively. Furubayashi ShikoLtd's EBIT is ¥590.0M making its interest coverage ratio -5.4. It has cash and short-term investments of ¥1.9B.
Key information
29.2%
Debt to equity ratio
JP¥2.76b
Debt
Interest coverage ratio | -5.4x |
Cash | JP¥1.91b |
Equity | JP¥9.45b |
Total liabilities | JP¥9.57b |
Total assets | JP¥19.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3944's short term assets (¥8.8B) exceed its short term liabilities (¥7.8B).
Long Term Liabilities: 3944's short term assets (¥8.8B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 3944's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: 3944's debt to equity ratio has reduced from 37.9% to 29.2% over the past 5 years.
Debt Coverage: 3944's debt is well covered by operating cash flow (23.7%).
Interest Coverage: 3944 earns more interest than it pays, so coverage of interest payments is not a concern.