Furukawa Electric Balance Sheet Health
Financial Health criteria checks 3/6
Furukawa Electric has a total shareholder equity of ¥353.3B and total debt of ¥331.5B, which brings its debt-to-equity ratio to 93.8%. Its total assets and total liabilities are ¥975.8B and ¥622.5B respectively. Furukawa Electric's EBIT is ¥33.3B making its interest coverage ratio 5.6. It has cash and short-term investments of ¥57.2B.
Key information
93.8%
Debt to equity ratio
JP¥331.52b
Debt
| Interest coverage ratio | 5.6x |
| Cash | JP¥57.20b |
| Equity | JP¥353.28b |
| Total liabilities | JP¥622.54b |
| Total assets | JP¥975.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FUWA.F's short term assets (¥535.4B) exceed its short term liabilities (¥401.3B).
Long Term Liabilities: FUWA.F's short term assets (¥535.4B) exceed its long term liabilities (¥221.3B).
Debt to Equity History and Analysis
Debt Level: FUWA.F's net debt to equity ratio (77.7%) is considered high.
Reducing Debt: FUWA.F's debt to equity ratio has increased from 90.3% to 93.8% over the past 5 years.
Debt Coverage: FUWA.F's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: FUWA.F's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 08:26 |
| End of Day Share Price | 2024/11/13 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Furukawa Electric Co., Ltd. is covered by 20 analysts. 8 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 |
|---|---|
| Takashi Enomoto | BofA Global Research |
| Toshiyuki Johno | Citigroup Inc |
| Shinya Yamada | Credit Suisse |