Future Balance Sheet Health
Financial Health criteria checks 5/6
Future has a total shareholder equity of ¥52.1B and total debt of ¥19.3B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are ¥89.1B and ¥36.9B respectively. Future's EBIT is ¥14.3B making its interest coverage ratio -54.1. It has cash and short-term investments of ¥31.8B.
Key information
37.0%
Debt to equity ratio
JP¥19.29b
Debt
Interest coverage ratio | -54.1x |
Cash | JP¥31.76b |
Equity | JP¥52.14b |
Total liabilities | JP¥36.92b |
Total assets | JP¥89.06b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4722's short term assets (¥46.6B) exceed its short term liabilities (¥14.2B).
Long Term Liabilities: 4722's short term assets (¥46.6B) exceed its long term liabilities (¥22.7B).
Debt to Equity History and Analysis
Debt Level: 4722 has more cash than its total debt.
Reducing Debt: 4722's debt to equity ratio has increased from 0.1% to 37% over the past 5 years.
Debt Coverage: 4722's debt is well covered by operating cash flow (62.5%).
Interest Coverage: 4722 earns more interest than it pays, so coverage of interest payments is not a concern.