RESOL HOLDINGSLtd Balance Sheet Health
Financial Health criteria checks 2/6
RESOL HOLDINGSLtd has a total shareholder equity of ¥15.1B and total debt of ¥14.2B, which brings its debt-to-equity ratio to 94.1%. Its total assets and total liabilities are ¥43.8B and ¥28.7B respectively. RESOL HOLDINGSLtd's EBIT is ¥1.5B making its interest coverage ratio 9. It has cash and short-term investments of ¥4.3B.
Key information
94.1%
Debt to equity ratio
JP¥14.23b
Debt
Interest coverage ratio | 9x |
Cash | JP¥4.32b |
Equity | JP¥15.12b |
Total liabilities | JP¥28.68b |
Total assets | JP¥43.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5261's short term assets (¥9.6B) exceed its short term liabilities (¥9.4B).
Long Term Liabilities: 5261's short term assets (¥9.6B) do not cover its long term liabilities (¥19.3B).
Debt to Equity History and Analysis
Debt Level: 5261's net debt to equity ratio (65.5%) is considered high.
Reducing Debt: 5261's debt to equity ratio has increased from 76.2% to 94.1% over the past 5 years.
Debt Coverage: 5261's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: 5261's interest payments on its debt are well covered by EBIT (9x coverage).