RUDEN HOLDINGSLtd Balance Sheet Health
Financial Health criteria checks 6/6
RUDEN HOLDINGSLtd has a total shareholder equity of ¥2.7B and total debt of ¥84.0M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are ¥3.2B and ¥521.0M respectively. RUDEN HOLDINGSLtd's EBIT is ¥19.0M making its interest coverage ratio -0.4. It has cash and short-term investments of ¥1.5B.
Key information
3.2%
Debt to equity ratio
JP¥84.00m
Debt
| Interest coverage ratio | -0.4x |
| Cash | JP¥1.47b |
| Equity | JP¥2.65b |
| Total liabilities | JP¥521.00m |
| Total assets | JP¥3.17b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1400's short term assets (¥2.0B) exceed its short term liabilities (¥310.0M).
Long Term Liabilities: 1400's short term assets (¥2.0B) exceed its long term liabilities (¥211.0M).
Debt to Equity History and Analysis
Debt Level: 1400 has more cash than its total debt.
Reducing Debt: 1400's debt to equity ratio has reduced from 3.8% to 3.2% over the past 5 years.
Debt Coverage: 1400's debt is well covered by operating cash flow (359.5%).
Interest Coverage: 1400 earns more interest than it pays, so coverage of interest payments is not a concern.