Japan Reliance Service Balance Sheet Health
Financial Health criteria checks 6/6
Japan Reliance Service has a total shareholder equity of ¥2.0B and total debt of ¥545.0M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are ¥4.2B and ¥2.1B respectively. Japan Reliance Service's EBIT is ¥273.0M making its interest coverage ratio -136.5. It has cash and short-term investments of ¥1.8B.
Key information
26.8%
Debt to equity ratio
JP¥545.00m
Debt
| Interest coverage ratio | -136.5x |
| Cash | JP¥1.76b |
| Equity | JP¥2.03b |
| Total liabilities | JP¥2.12b |
| Total assets | JP¥4.15b |
Recent financial health updates
Is Japan Reliance Service (TYO:4664) A Risky Investment?
Mar 01
We Think Japan Reliance Service (TYO:4664) Can Manage Its Debt With Ease
Nov 28
Recent updates
Japan Reliance Service (TYO:4664) Is Experiencing Growth In Returns On Capital
Apr 21What Makes Japan Reliance Service Corporation (TYO:4664) A Great Dividend Stock?
Mar 22Is Japan Reliance Service (TYO:4664) A Risky Investment?
Mar 01Can Japan Reliance Service (TYO:4664) Continue To Grow Its Returns On Capital?
Jan 21Is There More To The Story Than Japan Reliance Service's (TYO:4664) Earnings Growth?
Jan 03Is Japan Reliance Service Corporation (TYO:4664) A Smart Pick For Income Investors?
Dec 16We Think Japan Reliance Service (TYO:4664) Can Manage Its Debt With Ease
Nov 28Financial Position Analysis
Short Term Liabilities: 4664's short term assets (¥2.9B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 4664's short term assets (¥2.9B) exceed its long term liabilities (¥949.0M).
Debt to Equity History and Analysis
Debt Level: 4664 has more cash than its total debt.
Reducing Debt: 4664's debt to equity ratio has reduced from 43% to 26.8% over the past 5 years.
Debt Coverage: 4664's debt is well covered by operating cash flow (39.4%).
Interest Coverage: 4664 earns more interest than it pays, so coverage of interest payments is not a concern.