Fujikura Kasei Balance Sheet Health
Financial Health criteria checks 5/6
Fujikura Kasei has a total shareholder equity of ¥41.5B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ¥57.7B and ¥16.2B respectively. Fujikura Kasei's EBIT is ¥960.0M making its interest coverage ratio -13.3. It has cash and short-term investments of ¥12.1B.
Key information
7.4%
Debt to equity ratio
JP¥3.08b
Debt
Interest coverage ratio | -13.3x |
Cash | JP¥12.08b |
Equity | JP¥41.53b |
Total liabilities | JP¥16.20b |
Total assets | JP¥57.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4620's short term assets (¥33.3B) exceed its short term liabilities (¥12.8B).
Long Term Liabilities: 4620's short term assets (¥33.3B) exceed its long term liabilities (¥3.4B).
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 increased from 7.2% to 7.4% over the past 5 years.
Debt Coverage: 4620's debt is well covered by operating cash flow (79.3%).
Interest Coverage: 4620 earns more interest than it pays, so coverage of interest payments is not a concern.