Resonac Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Resonac Holdings has a total shareholder equity of ¥616.4B and total debt of ¥1,016.5B, which brings its debt-to-equity ratio to 164.9%. Its total assets and total liabilities are ¥2,059.6B and ¥1,443.3B respectively. Resonac Holdings's EBIT is ¥59.4B making its interest coverage ratio 5.5. It has cash and short-term investments of ¥243.0B.
Key information
164.9%
Debt to equity ratio
JP¥1.02t
Debt
| Interest coverage ratio | 5.5x |
| Cash | JP¥242.95b |
| Equity | JP¥616.35b |
| Total liabilities | JP¥1.44t |
| Total assets | JP¥2.06t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SWD's short term assets (¥807.1B) exceed its short term liabilities (¥488.2B).
Long Term Liabilities: SWD's short term assets (¥807.1B) do not cover its long term liabilities (¥955.0B).
Debt to Equity History and Analysis
Debt Level: SWD's net debt to equity ratio (125.5%) is considered high.
Reducing Debt: SWD's debt to equity ratio has increased from 58.8% to 164.9% over the past 5 years.
Debt Coverage: SWD's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: SWD's interest payments on its debt are well covered by EBIT (5.5x coverage).