REFINVERSE Group Balance Sheet Health
Financial Health criteria checks 3/6
REFINVERSE Group has a total shareholder equity of ¥125.0M and total debt of ¥2.7B, which brings its debt-to-equity ratio to 2146.4%. Its total assets and total liabilities are ¥3.6B and ¥3.5B respectively. REFINVERSE Group's EBIT is ¥179.0M making its interest coverage ratio 6.2. It has cash and short-term investments of ¥802.0M.
Key information
2,146.4%
Debt to equity ratio
JP¥2.68b
Debt
Interest coverage ratio | 6.2x |
Cash | JP¥802.00m |
Equity | JP¥125.00m |
Total liabilities | JP¥3.45b |
Total assets | JP¥3.58b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7375's short term assets (¥1.5B) exceed its short term liabilities (¥1.0B).
Long Term Liabilities: 7375's short term assets (¥1.5B) do not cover its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 7375's net debt to equity ratio (1504.8%) is considered high.
Reducing Debt: Insufficient data to determine if 7375's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 7375 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 7375 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.5% per year.