Rion Balance Sheet Health
Financial Health criteria checks 6/6
Rion has a total shareholder equity of ¥30.1B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥38.2B and ¥8.1B respectively. Rion's EBIT is ¥3.5B making its interest coverage ratio -86.4. It has cash and short-term investments of ¥5.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -86.4x |
| Cash | JP¥5.82b |
| Equity | JP¥30.10b |
| Total liabilities | JP¥8.09b |
| Total assets | JP¥38.19b |
Financial Position Analysis
Short Term Liabilities: 6823's short term assets (¥21.5B) exceed its short term liabilities (¥5.6B).
Long Term Liabilities: 6823's short term assets (¥21.5B) exceed its long term liabilities (¥2.5B).
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.