Riken Balance Sheet Health
Financial Health criteria checks 5/6
Riken has a total shareholder equity of ¥97.2B and total debt of ¥13.2B, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are ¥137.5B and ¥40.4B respectively. Riken's EBIT is ¥4.6B making its interest coverage ratio -9.7. It has cash and short-term investments of ¥19.1B.
Key information
13.5%
Debt to equity ratio
JP¥13.15b
Debt
Interest coverage ratio | -9.7x |
Cash | JP¥19.14b |
Equity | JP¥97.16b |
Total liabilities | JP¥40.37b |
Total assets | JP¥137.53b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6462's short term assets (¥70.6B) exceed its short term liabilities (¥24.7B).
Long Term Liabilities: 6462's short term assets (¥70.6B) exceed its long term liabilities (¥15.6B).
Debt to Equity History and Analysis
Debt Level: 6462 has more cash than its total debt.
Reducing Debt: 6462's debt to equity ratio has increased from 13.1% to 13.5% over the past 5 years.
Debt Coverage: 6462's debt is well covered by operating cash flow (83.3%).
Interest Coverage: 6462 earns more interest than it pays, so coverage of interest payments is not a concern.