JRCLtd Balance Sheet Health
Financial Health criteria checks 3/6
JRCLtd has a total shareholder equity of ¥3.8B and total debt of ¥3.7B, which brings its debt-to-equity ratio to 96.5%. Its total assets and total liabilities are ¥10.1B and ¥6.3B respectively. JRCLtd's EBIT is ¥1.2B making its interest coverage ratio 64.5. It has cash and short-term investments of ¥1.5B.
Key information
96.5%
Debt to equity ratio
JP¥3.66b
Debt
Interest coverage ratio | 64.5x |
Cash | JP¥1.45b |
Equity | JP¥3.80b |
Total liabilities | JP¥6.26b |
Total assets | JP¥10.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6224's short term assets (¥6.3B) exceed its short term liabilities (¥2.9B).
Long Term Liabilities: 6224's short term assets (¥6.3B) exceed its long term liabilities (¥3.3B).
Debt to Equity History and Analysis
Debt Level: 6224's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: Insufficient data to determine if 6224's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6224's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 6224's interest payments on its debt are well covered by EBIT (64.5x coverage).