Ginza Renoir Balance Sheet Health
Financial Health criteria checks 5/6
Ginza Renoir has a total shareholder equity of ¥3.2B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 64.1%. Its total assets and total liabilities are ¥6.1B and ¥2.9B respectively. Ginza Renoir's EBIT is ¥49.0M making its interest coverage ratio 3.3. It has cash and short-term investments of ¥2.0B.
Key information
64.1%
Debt to equity ratio
JP¥2.06b
Debt
| Interest coverage ratio | 3.3x |
| Cash | JP¥2.04b |
| Equity | JP¥3.21b |
| Total liabilities | JP¥2.90b |
| Total assets | JP¥6.11b |
Financial Position Analysis
Short Term Liabilities: 9853's short term assets (¥2.5B) exceed its short term liabilities (¥2.1B).
Long Term Liabilities: 9853's short term assets (¥2.5B) exceed its long term liabilities (¥756.0M).
Debt to Equity History and Analysis
Debt Level: 9853's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: 9853's debt to equity ratio has increased from 1.3% to 64.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 9853 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 9853 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 3.6% each year