Rheon Automatic Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Rheon Automatic Machinery has a total shareholder equity of ¥34.0B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are ¥43.4B and ¥9.4B respectively. Rheon Automatic Machinery's EBIT is ¥4.3B making its interest coverage ratio -139.6. It has cash and short-term investments of ¥12.1B.
Key information
5.8%
Debt to equity ratio
JP¥1.99b
Debt
Interest coverage ratio | -139.6x |
Cash | JP¥12.11b |
Equity | JP¥34.02b |
Total liabilities | JP¥9.38b |
Total assets | JP¥43.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6272's short term assets (¥25.1B) exceed its short term liabilities (¥7.7B).
Long Term Liabilities: 6272's short term assets (¥25.1B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 6272 has more cash than its total debt.
Reducing Debt: 6272's debt to equity ratio has reduced from 9.5% to 5.8% over the past 5 years.
Debt Coverage: 6272's debt is well covered by operating cash flow (204.6%).
Interest Coverage: 6272 earns more interest than it pays, so coverage of interest payments is not a concern.