Fukuda Denshi Balance Sheet Health
Financial Health criteria checks 6/6
Fukuda Denshi has a total shareholder equity of ¥172.0B and total debt of ¥1.8B, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ¥204.8B and ¥32.8B respectively. Fukuda Denshi's EBIT is ¥23.2B making its interest coverage ratio -50.3. It has cash and short-term investments of ¥64.2B.
Key information
1.0%
Debt to equity ratio
JP¥1.80b
Debt
| Interest coverage ratio | -50.3x |
| Cash | JP¥64.20b |
| Equity | JP¥171.98b |
| Total liabilities | JP¥32.80b |
| Total assets | JP¥204.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6960 N's short term assets (¥113.4B) exceed its short term liabilities (¥27.3B).
Long Term Liabilities: 6960 N's short term assets (¥113.4B) exceed its long term liabilities (¥5.5B).
Debt to Equity History and Analysis
Debt Level: 6960 N has more cash than its total debt.
Reducing Debt: 6960 N's debt to equity ratio has reduced from 1.5% to 1% over the past 5 years.
Debt Coverage: 6960 N's debt is well covered by operating cash flow (1328.6%).
Interest Coverage: 6960 N earns more interest than it pays, so coverage of interest payments is not a concern.