Rion Balance Sheet Health
Financial Health criteria checks 6/6
Rion has a total shareholder equity of ¥28.1B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥35.9B and ¥7.8B respectively. Rion's EBIT is ¥3.5B making its interest coverage ratio -90.3. It has cash and short-term investments of ¥4.5B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -90.3x |
| Cash | JP¥4.49b |
| Equity | JP¥28.11b |
| Total liabilities | JP¥7.78b |
| Total assets | JP¥35.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6823's short term assets (¥19.4B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 6823's short term assets (¥19.4B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 6823 is debt free.
Reducing Debt: 6823 had no debt 5 years ago.
Debt Coverage: 6823 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6823 has no debt, therefore coverage of interest payments is not a concern.