Fujikura Kasei Balance Sheet Health
Financial Health criteria checks 6/6
Fujikura Kasei has a total shareholder equity of ¥42.8B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ¥59.7B and ¥17.0B respectively. Fujikura Kasei's EBIT is ¥1.5B making its interest coverage ratio -8.6. It has cash and short-term investments of ¥12.4B.
Key information
7.4%
Debt to equity ratio
JP¥3.17b
Debt
| Interest coverage ratio | -8.6x |
| Cash | JP¥12.42b |
| Equity | JP¥42.77b |
| Total liabilities | JP¥16.97b |
| Total assets | JP¥59.74b |
Recent financial health updates
No updates
Recent updates
Fujikura Kasei (TSE:4620) Is Paying Out A Larger Dividend Than Last Year
Aug 11
Fujikura Kasei (TSE:4620) Is Increasing Its Dividend To ¥9.00
Jul 26Fujikura Kasei (TSE:4620) Is Increasing Its Dividend To ¥9.00
Jul 12There May Be Underlying Issues With The Quality Of Fujikura Kasei's (TSE:4620) Earnings
May 22Financial Position Analysis
Short Term Liabilities: 4620's short term assets (¥34.3B) exceed its short term liabilities (¥13.3B).
Long Term Liabilities: 4620's short term assets (¥34.3B) exceed its long term liabilities (¥3.7B).
Debt to Equity History and Analysis
Debt Level: 4620 has more cash than its total debt.
Reducing Debt: 4620's debt to equity ratio has reduced from 7.5% to 7.4% over the past 5 years.
Debt Coverage: 4620's debt is well covered by operating cash flow (103.2%).
Interest Coverage: 4620 earns more interest than it pays, so coverage of interest payments is not a concern.