Roland DG Balance Sheet Health
Financial Health criteria checks 6/6
Roland DG has a total shareholder equity of ¥36.9B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ¥54.3B and ¥17.4B respectively. Roland DG's EBIT is ¥5.2B making its interest coverage ratio -869.5. It has cash and short-term investments of ¥12.3B.
Key information
7.7%
Debt to equity ratio
JP¥2.85b
Debt
Interest coverage ratio | -869.5x |
Cash | JP¥12.31b |
Equity | JP¥36.86b |
Total liabilities | JP¥17.42b |
Total assets | JP¥54.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 06R's short term assets (¥36.3B) exceed its short term liabilities (¥11.4B).
Long Term Liabilities: 06R's short term assets (¥36.3B) exceed its long term liabilities (¥6.0B).
Debt to Equity History and Analysis
Debt Level: 06R has more cash than its total debt.
Reducing Debt: 06R's debt to equity ratio has reduced from 13.4% to 7.7% over the past 5 years.
Debt Coverage: 06R's debt is well covered by operating cash flow (177.1%).
Interest Coverage: 06R earns more interest than it pays, so coverage of interest payments is not a concern.