Rasa Balance Sheet Health
Financial Health criteria checks 6/6
Rasa has a total shareholder equity of ¥21.0B and total debt of ¥3.9B, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are ¥30.5B and ¥9.5B respectively. Rasa's EBIT is ¥2.3B making its interest coverage ratio -179.5. It has cash and short-term investments of ¥4.4B.
Key information
18.7%
Debt to equity ratio
JP¥3.93b
Debt
| Interest coverage ratio | -179.5x |
| Cash | JP¥4.38b |
| Equity | JP¥21.04b |
| Total liabilities | JP¥9.49b |
| Total assets | JP¥30.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3023's short term assets (¥17.7B) exceed its short term liabilities (¥6.5B).
Long Term Liabilities: 3023's short term assets (¥17.7B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 3023 has more cash than its total debt.
Reducing Debt: 3023's debt to equity ratio has reduced from 40.2% to 18.7% over the past 5 years.
Debt Coverage: 3023's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 3023 earns more interest than it pays, so coverage of interest payments is not a concern.