RhythmLtd Balance Sheet Health
Financial Health criteria checks 6/6
RhythmLtd has a total shareholder equity of ¥31.1B and total debt of ¥5.6B, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are ¥43.6B and ¥12.4B respectively. RhythmLtd's EBIT is ¥730.0M making its interest coverage ratio -7.4. It has cash and short-term investments of ¥11.0B.
Key information
17.9%
Debt to equity ratio
JP¥5.56b
Debt
Interest coverage ratio | -7.4x |
Cash | JP¥11.04b |
Equity | JP¥31.15b |
Total liabilities | JP¥12.43b |
Total assets | JP¥43.57b |
Recent financial health updates
No updates
Recent updates
We 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 (¥27.1B) exceed its short term liabilities (¥6.9B).
Long Term Liabilities: 7769's short term assets (¥27.1B) exceed its long term liabilities (¥5.5B).
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 reduced from 19.3% to 17.9% over the past 5 years.
Debt Coverage: 7769's debt is well covered by operating cash flow (44.2%).
Interest Coverage: 7769 earns more interest than it pays, so coverage of interest payments is not a concern.