Future Innovation Group Balance Sheet Health
Financial Health criteria checks 4/6
Future Innovation Group has a total shareholder equity of ¥9.9B and total debt of ¥4.8B, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are ¥17.4B and ¥7.6B respectively. Future Innovation Group's EBIT is ¥455.0M making its interest coverage ratio 18.2. It has cash and short-term investments of ¥2.7B.
Key information
48.9%
Debt to equity ratio
JP¥4.83b
Debt
| Interest coverage ratio | 18.2x |
| Cash | JP¥2.69b |
| Equity | JP¥9.86b |
| Total liabilities | JP¥7.59b |
| Total assets | JP¥17.45b |
Recent financial health updates
No updates
Recent updates
Future Innovation Group (TSE:4392) Has Announced A Dividend Of ¥5.00
Dec 03
Future Innovation Group (TSE:4392) Has Affirmed Its Dividend Of ¥5.00
Nov 11Optimistic Investors Push Future Innovation Group, Inc. (TSE:4392) Shares Up 40% But Growth Is Lacking
Sep 07Future Innovation Group (TSE:4392) Has Affirmed Its Dividend Of ¥5.00
Aug 26Future Innovation Group (TSE:4392) Has Affirmed Its Dividend Of ¥5.00
Aug 12Some Confidence Is Lacking In Future Innovation Group, Inc.'s (TSE:4392) P/E
Jul 24Financial Position Analysis
Short Term Liabilities: 4392's short term assets (¥11.1B) exceed its short term liabilities (¥4.8B).
Long Term Liabilities: 4392's short term assets (¥11.1B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 4392's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 4392's debt to equity ratio has increased from 20.9% to 48.9% over the past 5 years.
Debt Coverage: 4392's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: 4392's interest payments on its debt are well covered by EBIT (18.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/17 09:21 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Future Innovation Group, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ryohei Harahata | Nomura Securities Co. Ltd. |