Japan Reliance Service Balance Sheet Health
Financial Health criteria checks 6/6
Japan Reliance Service has a total shareholder equity of ¥2.1B and total debt of ¥445.0M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are ¥4.2B and ¥2.1B respectively. Japan Reliance Service's EBIT is ¥284.0M making its interest coverage ratio -142. It has cash and short-term investments of ¥1.9B.
Key information
21.7%
Debt to equity ratio
JP¥445.00m
Debt
Interest coverage ratio | -142x |
Cash | JP¥1.93b |
Equity | JP¥2.06b |
Total liabilities | JP¥2.15b |
Total assets | JP¥4.20b |
Recent financial health updates
Is Japan Reliance Service (TYO:4664) A Risky Investment?
Mar 01We Think Japan Reliance Service (TYO:4664) Can Manage Its Debt With Ease
Nov 28Recent updates
There May Be Underlying Issues With The Quality Of Japan Reliance Service's (TSE:4664) Earnings
May 21Japan 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 (¥912.0M).
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 39.7% to 21.7% over the past 5 years.
Debt Coverage: 4664's debt is well covered by operating cash flow (72.8%).
Interest Coverage: 4664 earns more interest than it pays, so coverage of interest payments is not a concern.