Ricoh Leasing Company Balance Sheet Health
Financial Health criteria checks 4/6
Ricoh Leasing Company has a total shareholder equity of ¥227.7B and total debt of ¥991.5B, which brings its debt-to-equity ratio to 435.5%. Its total assets and total liabilities are ¥1,337.5B and ¥1,109.8B respectively. Ricoh Leasing Company's EBIT is ¥21.0B making its interest coverage ratio -34.1. It has cash and short-term investments of ¥3.6B.
Key information
435.5%
Debt to equity ratio
JP¥991.49b
Debt
| Interest coverage ratio | -34.1x |
| Cash | JP¥3.64b |
| Equity | JP¥227.66b |
| Total liabilities | JP¥1.11t |
| Total assets | JP¥1.34t |
Recent financial health updates
No updates
Recent updates
Ricoh Leasing Company (TSE:8566) Has Announced That It Will Be Increasing Its Dividend To ¥80.00
Sep 24
Ricoh Leasing Company's (TSE:8566) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 27Ricoh Leasing Company (TSE:8566) Is Increasing Its Dividend To ¥80.00
Jul 26Ricoh Leasing Company (TSE:8566) Will Pay A Larger Dividend Than Last Year At ¥80.00
Jul 12Financial Position Analysis
Short Term Liabilities: 8566's short term assets (¥1,102.4B) exceed its short term liabilities (¥332.5B).
Long Term Liabilities: 8566's short term assets (¥1,102.4B) exceed its long term liabilities (¥777.4B).
Debt to Equity History and Analysis
Debt Level: 8566's net debt to equity ratio (433.9%) is considered high.
Reducing Debt: 8566's debt to equity ratio has reduced from 458.2% to 435.5% 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.