Ricoh Leasing Company Balance Sheet Health
Financial Health criteria checks 4/6
Ricoh Leasing Company has a total shareholder equity of ¥221.9B and total debt of ¥914.2B, which brings its debt-to-equity ratio to 411.9%. Its total assets and total liabilities are ¥1,247.3B and ¥1,025.3B respectively. Ricoh Leasing Company's EBIT is ¥21.0B making its interest coverage ratio -34.5. It has cash and short-term investments of ¥5.0B.
Key information
411.9%
Debt to equity ratio
JP¥914.20b
Debt
Interest coverage ratio | -34.5x |
Cash | JP¥4.96b |
Equity | JP¥221.94b |
Total liabilities | JP¥1.03t |
Total assets | JP¥1.25t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8566's short term assets (¥1,051.4B) exceed its short term liabilities (¥299.8B).
Long Term Liabilities: 8566's short term assets (¥1,051.4B) exceed its long term liabilities (¥725.5B).
Debt to Equity History and Analysis
Debt Level: 8566's net debt to equity ratio (409.7%) is considered high.
Reducing Debt: 8566's debt to equity ratio has reduced from 451.8% to 411.9% over the past 5 years.
Debt Coverage: 8566's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8566 earns more interest than it pays, so coverage of interest payments is not a concern.