Rising Balance Sheet Health
Financial Health criteria checks 5/6
Rising has a total shareholder equity of ¥1.3B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 101.5%. Its total assets and total liabilities are ¥3.4B and ¥2.1B respectively. Rising's EBIT is ¥410.0M making its interest coverage ratio 27.3. It has cash and short-term investments of ¥1.1B.
Key information
101.5%
Debt to equity ratio
JP¥1.29b
Debt
Interest coverage ratio | 27.3x |
Cash | JP¥1.11b |
Equity | JP¥1.28b |
Total liabilities | JP¥2.14b |
Total assets | JP¥3.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 207A's short term assets (¥2.7B) exceed its short term liabilities (¥837.0M).
Long Term Liabilities: 207A's short term assets (¥2.7B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 207A's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 207A's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 207A's debt is well covered by operating cash flow (36.1%).
Interest Coverage: 207A's interest payments on its debt are well covered by EBIT (27.3x coverage).