Ringer HutLtd Balance Sheet Health
Financial Health criteria checks 2/6
Ringer HutLtd has a total shareholder equity of ¥13.0B and total debt of ¥9.9B, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are ¥30.1B and ¥17.2B respectively. Ringer HutLtd's EBIT is ¥1.2B making its interest coverage ratio 6.6. It has cash and short-term investments of ¥3.3B.
Key information
76.2%
Debt to equity ratio
JP¥9.88b
Debt
| Interest coverage ratio | 6.6x |
| Cash | JP¥3.26b |
| Equity | JP¥12.96b |
| Total liabilities | JP¥17.18b |
| Total assets | JP¥30.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8200's short term assets (¥6.6B) do not cover its short term liabilities (¥7.7B).
Long Term Liabilities: 8200's short term assets (¥6.6B) do not cover its long term liabilities (¥9.4B).
Debt to Equity History and Analysis
Debt Level: 8200's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: 8200's debt to equity ratio has increased from 33.7% to 76.2% over the past 5 years.
Debt Coverage: 8200's debt is well covered by operating cash flow (29.3%).
Interest Coverage: 8200's interest payments on its debt are well covered by EBIT (6.6x coverage).