Raksul Balance Sheet Health
Financial Health criteria checks 4/6
Raksul has a total shareholder equity of ¥15.8B and total debt of ¥13.2B, which brings its debt-to-equity ratio to 83.3%. Its total assets and total liabilities are ¥36.7B and ¥20.9B respectively. Raksul's EBIT is ¥2.1B making its interest coverage ratio 56.9. It has cash and short-term investments of ¥12.5B.
Key information
83.3%
Debt to equity ratio
JP¥13.16b
Debt
Interest coverage ratio | 56.9x |
Cash | JP¥12.54b |
Equity | JP¥15.80b |
Total liabilities | JP¥20.91b |
Total assets | JP¥36.70b |
Financial Position Analysis
Short Term Liabilities: 4384's short term assets (¥19.6B) exceed its short term liabilities (¥9.1B).
Long Term Liabilities: 4384's short term assets (¥19.6B) exceed its long term liabilities (¥11.8B).
Debt to Equity History and Analysis
Debt Level: 4384's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: 4384's debt to equity ratio has increased from 6.1% to 83.3% over the past 5 years.
Debt Coverage: 4384's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: 4384's interest payments on its debt are well covered by EBIT (56.9x coverage).