Roland Balance Sheet Health
Financial Health criteria checks 6/6
Roland has a total shareholder equity of ¥41.8B and total debt of ¥22.0B, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are ¥80.4B and ¥38.6B respectively. Roland's EBIT is ¥10.6B making its interest coverage ratio 137.8. It has cash and short-term investments of ¥10.9B.
Key information
52.6%
Debt to equity ratio
JP¥21.99b
Debt
| Interest coverage ratio | 137.8x |
| Cash | JP¥10.89b |
| Equity | JP¥41.80b |
| Total liabilities | JP¥38.64b |
| Total assets | JP¥80.45b |
Recent financial health updates
Recent updates
Roland (TSE:7944) Is Paying Out A Dividend Of ¥85.00
Nov 12
Earnings Miss: Roland Corporation Missed EPS By 49% And Analysts Are Revising Their Forecasts
Nov 10Roland's (TSE:7944) Dividend Will Be ¥85.00
Sep 27Impressive Earnings May Not Tell The Whole Story For Roland (TSE:7944)
Aug 15Roland's (TSE:7944) Dividend Will Be ¥85.00
Aug 13The Price Is Right For Roland Corporation (TSE:7944)
Aug 06Roland (TSE:7944) Seems To Use Debt Quite Sensibly
Mar 20Financial Position Analysis
Short Term Liabilities: 7944's short term assets (¥58.6B) exceed its short term liabilities (¥24.8B).
Long Term Liabilities: 7944's short term assets (¥58.6B) exceed its long term liabilities (¥13.8B).
Debt to Equity History and Analysis
Debt Level: 7944's net debt to equity ratio (26.6%) is considered satisfactory.
Reducing Debt: 7944's debt to equity ratio has reduced from 61.3% to 52.6% over the past 5 years.
Debt Coverage: 7944's debt is well covered by operating cash flow (47.8%).
Interest Coverage: 7944's interest payments on its debt are well covered by EBIT (137.8x coverage).