REFINVERSE Group Balance Sheet Health
Financial Health criteria checks 1/6
REFINVERSE Group has a total shareholder equity of ¥129.0M and total debt of ¥2.5B, which brings its debt-to-equity ratio to 1924.8%. Its total assets and total liabilities are ¥3.4B and ¥3.2B respectively. REFINVERSE Group's EBIT is ¥33.0M making its interest coverage ratio 1.1. It has cash and short-term investments of ¥511.0M.
Key information
1,924.8%
Debt to equity ratio
JP¥2.48b
Debt
| Interest coverage ratio | 1.1x |
| Cash | JP¥511.00m |
| Equity | JP¥129.00m |
| Total liabilities | JP¥3.24b |
| Total assets | JP¥3.37b |
Financial Position Analysis
Short Term Liabilities: 7375's short term assets (¥1.3B) exceed its short term liabilities (¥1.0B).
Long Term Liabilities: 7375's short term assets (¥1.3B) do not cover its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 7375's net debt to equity ratio (1528.7%) is considered high.
Reducing Debt: Insufficient data to determine if 7375's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7375's debt is not well covered by operating cash flow (7%).
Interest Coverage: 7375's interest payments on its debt are not well covered by EBIT (1.1x coverage).