Ringer HutLtd Balance Sheet Health
Financial Health criteria checks 2/6
Ringer HutLtd has a total shareholder equity of ¥13.1B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 68.6%. Its total assets and total liabilities are ¥29.6B and ¥16.5B respectively. Ringer HutLtd's EBIT is ¥1.6B making its interest coverage ratio 9.7. It has cash and short-term investments of ¥2.2B.
Key information
68.6%
Debt to equity ratio
JP¥8.98b
Debt
| Interest coverage ratio | 9.7x |
| Cash | JP¥2.23b |
| Equity | JP¥13.09b |
| Total liabilities | JP¥16.55b |
| Total assets | JP¥29.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8200's short term assets (¥6.0B) do not cover its short term liabilities (¥7.6B).
Long Term Liabilities: 8200's short term assets (¥6.0B) do not cover its long term liabilities (¥9.0B).
Debt to Equity History and Analysis
Debt Level: 8200's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: 8200's debt to equity ratio has increased from 34.5% to 68.6% over the past 5 years.
Debt Coverage: 8200's debt is well covered by operating cash flow (33.6%).
Interest Coverage: 8200's interest payments on its debt are well covered by EBIT (9.7x coverage).