RhythmLtd Balance Sheet Health
Financial Health criteria checks 5/6
RhythmLtd has a total shareholder equity of ¥32.1B and total debt of ¥7.8B, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are ¥46.8B and ¥14.7B respectively. RhythmLtd's EBIT is ¥805.0M making its interest coverage ratio -8.2. It has cash and short-term investments of ¥13.4B.
Key information
24.2%
Debt to equity ratio
JP¥7.78b
Debt
| Interest coverage ratio | -8.2x |
| Cash | JP¥13.40b |
| Equity | JP¥32.12b |
| Total liabilities | JP¥14.67b |
| Total assets | JP¥46.79b |
Recent financial health updates
No updates
Recent updates
RhythmLtd's (TSE:7769) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 16
Rhythm Co.,Ltd.'s (TSE:7769) Shareholders Might Be Looking For Exit
Sep 09We Think You Can Look Beyond RhythmLtd's (TSE:7769) Lackluster Earnings
May 22Rhythm Co.,Ltd.'s (TSE:7769) 30% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 18RhythmLtd (TSE:7769) Is Due To Pay A Dividend Of ¥48.50
Feb 28Revenues Not Telling The Story For Rhythm Co.,Ltd. (TSE:7769) After Shares Rise 28%
Feb 27Financial Position Analysis
Short Term Liabilities: 7769's short term assets (¥29.6B) exceed its short term liabilities (¥7.2B).
Long Term Liabilities: 7769's short term assets (¥29.6B) exceed its long term liabilities (¥7.5B).
Debt to Equity History and Analysis
Debt Level: 7769 has more cash than its total debt.
Reducing Debt: 7769's debt to equity ratio has increased from 19.7% to 24.2% over the past 5 years.
Debt Coverage: 7769's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 7769 earns more interest than it pays, so coverage of interest payments is not a concern.