Riken Vitamin Balance Sheet Health
Financial Health criteria checks 6/6
Riken Vitamin has a total shareholder equity of ¥79.0B and total debt of ¥12.7B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are ¥115.2B and ¥36.1B respectively. Riken Vitamin's EBIT is ¥8.9B making its interest coverage ratio -16.7. It has cash and short-term investments of ¥20.2B.
Key information
16.1%
Debt to equity ratio
JP¥12.72b
Debt
Interest coverage ratio | -16.7x |
Cash | JP¥20.20b |
Equity | JP¥79.05b |
Total liabilities | JP¥36.13b |
Total assets | JP¥115.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4526's short term assets (¥64.7B) exceed its short term liabilities (¥24.9B).
Long Term Liabilities: 4526's short term assets (¥64.7B) exceed its long term liabilities (¥11.2B).
Debt to Equity History and Analysis
Debt Level: 4526 has more cash than its total debt.
Reducing Debt: 4526's debt to equity ratio has reduced from 42.5% to 16.1% over the past 5 years.
Debt Coverage: 4526's debt is well covered by operating cash flow (73.8%).
Interest Coverage: 4526 earns more interest than it pays, so coverage of interest payments is not a concern.