Furuno Electric Balance Sheet Health
Financial Health criteria checks 5/6
Furuno Electric has a total shareholder equity of ¥62.9B and total debt of ¥15.4B, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are ¥113.7B and ¥50.8B respectively. Furuno Electric's EBIT is ¥7.7B making its interest coverage ratio -63.1. It has cash and short-term investments of ¥9.0B.
Key information
24.5%
Debt to equity ratio
JP¥15.41b
Debt
| Interest coverage ratio | -63.1x |
| Cash | JP¥9.02b |
| Equity | JP¥62.92b |
| Total liabilities | JP¥50.76b |
| Total assets | JP¥113.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6814's short term assets (¥85.7B) exceed its short term liabilities (¥36.0B).
Long Term Liabilities: 6814's short term assets (¥85.7B) exceed its long term liabilities (¥14.8B).
Debt to Equity History and Analysis
Debt Level: 6814's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: 6814's debt to equity ratio has reduced from 27.6% to 24.5% over the past 5 years.
Debt Coverage: 6814's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: 6814 earns more interest than it pays, so coverage of interest payments is not a concern.