Furuno Electric Balance Sheet Health
Financial Health criteria checks 5/6
Furuno Electric has a total shareholder equity of ¥57.9B and total debt of ¥16.9B, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are ¥110.2B and ¥52.3B respectively. Furuno Electric's EBIT is ¥4.5B making its interest coverage ratio -38.1. It has cash and short-term investments of ¥12.3B.
Key information
29.2%
Debt to equity ratio
JP¥16.91b
Debt
Interest coverage ratio | -38.1x |
Cash | JP¥12.35b |
Equity | JP¥57.91b |
Total liabilities | JP¥52.31b |
Total assets | JP¥110.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNOE.F's short term assets (¥85.5B) exceed its short term liabilities (¥36.9B).
Long Term Liabilities: FNOE.F's short term assets (¥85.5B) exceed its long term liabilities (¥15.4B).
Debt to Equity History and Analysis
Debt Level: FNOE.F's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: FNOE.F's debt to equity ratio has reduced from 31.2% to 29.2% over the past 5 years.
Debt Coverage: FNOE.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FNOE.F earns more interest than it pays, so coverage of interest payments is not a concern.