Raito Kogyo Balance Sheet Health
Financial Health criteria checks 5/6
Raito Kogyo has a total shareholder equity of ¥87.1B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ¥121.5B and ¥34.4B respectively. Raito Kogyo's EBIT is ¥11.5B making its interest coverage ratio -64.5. It has cash and short-term investments of ¥34.5B.
Key information
1.9%
Debt to equity ratio
JP¥1.65b
Debt
| Interest coverage ratio | -64.5x |
| Cash | JP¥34.49b |
| Equity | JP¥87.09b |
| Total liabilities | JP¥34.44b |
| Total assets | JP¥121.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1926's short term assets (¥78.1B) exceed its short term liabilities (¥33.3B).
Long Term Liabilities: 1926's short term assets (¥78.1B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 1926 has more cash than its total debt.
Reducing Debt: 1926's debt to equity ratio has increased from 1.3% to 1.9% over the past 5 years.
Debt Coverage: 1926's debt is well covered by operating cash flow (845.6%).
Interest Coverage: 1926 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 20:48 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Raito Kogyo Co., Ltd. is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hideaki Teraoka | Daiwa Securities Co. Ltd. |
| Yoko Mizoguchi | Ichiyoshi Research Institute Inc. |
| Hikaru Ogino | Marusan Securities Co. Ltd. |