JRCLtd Balance Sheet Health
Financial Health criteria checks 5/6
JRCLtd has a total shareholder equity of ¥4.1B and total debt of ¥4.2B, which brings its debt-to-equity ratio to 101.5%. Its total assets and total liabilities are ¥11.6B and ¥7.5B respectively. JRCLtd's EBIT is ¥1.4B making its interest coverage ratio 96.5. It has cash and short-term investments of ¥2.8B.
Key information
101.5%
Debt to equity ratio
JP¥4.21b
Debt
| Interest coverage ratio | 96.5x |
| Cash | JP¥2.84b |
| Equity | JP¥4.14b |
| Total liabilities | JP¥7.48b |
| Total assets | JP¥11.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6224's short term assets (¥7.7B) exceed its short term liabilities (¥4.4B).
Long Term Liabilities: 6224's short term assets (¥7.7B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 6224's net debt to equity ratio (33%) is considered satisfactory.
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 well covered by operating cash flow (31.9%).
Interest Coverage: 6224's interest payments on its debt are well covered by EBIT (96.5x coverage).