ROYAL HOLDINGS Balance Sheet Health
Financial Health criteria checks 4/6
ROYAL HOLDINGS has a total shareholder equity of ¥47.8B and total debt of ¥22.6B, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are ¥125.9B and ¥78.0B respectively. ROYAL HOLDINGS's EBIT is ¥6.1B making its interest coverage ratio 5.4. It has cash and short-term investments of ¥26.4B.
Key information
47.3%
Debt to equity ratio
JP¥22.60b
Debt
Interest coverage ratio | 5.4x |
Cash | JP¥26.39b |
Equity | JP¥47.82b |
Total liabilities | JP¥78.05b |
Total assets | JP¥125.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8179's short term assets (¥40.5B) exceed its short term liabilities (¥28.4B).
Long Term Liabilities: 8179's short term assets (¥40.5B) do not cover its long term liabilities (¥49.7B).
Debt to Equity History and Analysis
Debt Level: 8179 has more cash than its total debt.
Reducing Debt: 8179's debt to equity ratio has increased from 10.6% to 47.3% over the past 5 years.
Debt Coverage: 8179's debt is well covered by operating cash flow (55.5%).
Interest Coverage: 8179's interest payments on its debt are well covered by EBIT (5.4x coverage).