Rix Balance Sheet Health
Financial Health criteria checks 6/6
Rix has a total shareholder equity of ¥24.9B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are ¥41.9B and ¥17.0B respectively. Rix's EBIT is ¥3.5B making its interest coverage ratio -27. It has cash and short-term investments of ¥8.3B.
Key information
6.7%
Debt to equity ratio
JP¥1.68b
Debt
| Interest coverage ratio | -27x |
| Cash | JP¥8.31b |
| Equity | JP¥24.90b |
| Total liabilities | JP¥17.04b |
| Total assets | JP¥41.93b |
Recent financial health updates
No updates
Recent updates
Rix's (TSE:7525) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 24
Rix's (TSE:7525) Dividend Is Being Reduced To ¥53.00
Aug 27Rix's (TSE:7525) Dividend Is Being Reduced To ¥53.00
Jul 26Rix (TSE:7525) Has Announced That Its Dividend Will Be Reduced To ¥53.00
Jul 12Positive Sentiment Still Eludes Rix Corporation (TSE:7525) Following 29% Share Price Slump
May 22Rix (TSE:7525) Is Due To Pay A Dividend Of ¥71.00
Mar 11Rix (TSE:7525) Is Due To Pay A Dividend Of ¥78.00
Feb 26Financial Position Analysis
Short Term Liabilities: 7525's short term assets (¥30.5B) exceed its short term liabilities (¥15.5B).
Long Term Liabilities: 7525's short term assets (¥30.5B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 7525 has more cash than its total debt.
Reducing Debt: 7525's debt to equity ratio has reduced from 13.5% to 6.7% over the past 5 years.
Debt Coverage: 7525's debt is well covered by operating cash flow (208.9%).
Interest Coverage: 7525 earns more interest than it pays, so coverage of interest payments is not a concern.