Furuya Metal Balance Sheet Health
Financial Health criteria checks 4/6
Furuya Metal has a total shareholder equity of ¥56.1B and total debt of ¥26.2B, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are ¥103.7B and ¥47.7B respectively. Furuya Metal's EBIT is ¥8.5B making its interest coverage ratio 13.1. It has cash and short-term investments of ¥14.0B.
Key information
46.7%
Debt to equity ratio
JP¥26.18b
Debt
| Interest coverage ratio | 13.1x |
| Cash | JP¥13.99b |
| Equity | JP¥56.06b |
| Total liabilities | JP¥47.67b |
| Total assets | JP¥103.73b |
Recent financial health updates
Furuya Metal (TYO:7826) Seems To Use Debt Quite Sensibly
Mar 09
Does Furuya Metal (TYO:7826) Have A Healthy Balance Sheet?
Dec 08Recent updates
Furuya Metal's (TSE:7826) Upcoming Dividend Will Be Larger Than Last Year's
Feb 27Furuya Metal Co., Ltd. (TYO:7826) Is Yielding 0.8% - But Is It A Buy?
May 05Furuya Metal (TYO:7826) Is Reinvesting At Lower Rates Of Return
Apr 06Furuya Metal (TYO:7826) Seems To Use Debt Quite Sensibly
Mar 09Furuya Metal's (TYO:7826) Shareholders May Want To Dig Deeper Than Statutory Profit
Feb 22When Should You Buy Furuya Metal Co., Ltd. (TYO:7826)?
Feb 17Should You Or Shouldn't You: A Dividend Analysis on Furuya Metal Co., Ltd. (TYO:7826)
Feb 03
Furuya Metal Co., Ltd. (TYO:7826) Delivered A Better ROE Than Its Industry
Jan 21What Type Of Shareholders Make Up Furuya Metal Co., Ltd.'s (TYO:7826) Share Registry?
Jan 04Our Take On The Returns On Capital At Furuya Metal (TYO:7826)
Dec 22Does Furuya Metal (TYO:7826) Have A Healthy Balance Sheet?
Dec 08I Ran A Stock Scan For Earnings Growth And Furuya Metal (TYO:7826) Passed With Ease
Nov 23Financial Position Analysis
Short Term Liabilities: 7826's short term assets (¥83.3B) exceed its short term liabilities (¥39.2B).
Long Term Liabilities: 7826's short term assets (¥83.3B) exceed its long term liabilities (¥8.5B).
Debt to Equity History and Analysis
Debt Level: 7826's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 7826's debt to equity ratio has increased from 13.1% to 46.7% over the past 5 years.
Debt Coverage: 7826's debt is not well covered by operating cash flow (2%).
Interest Coverage: 7826's interest payments on its debt are well covered by EBIT (13.1x coverage).