Rengo Balance Sheet Health
Financial Health criteria checks 5/6
Rengo has a total shareholder equity of ¥498.4B and total debt of ¥428.3B, which brings its debt-to-equity ratio to 85.9%. Its total assets and total liabilities are ¥1,246.6B and ¥748.2B respectively. Rengo's EBIT is ¥43.0B making its interest coverage ratio 93.6. It has cash and short-term investments of ¥103.4B.
Key information
85.9%
Debt to equity ratio
JP¥428.33b
Debt
| Interest coverage ratio | 93.6x |
| Cash | JP¥103.38b |
| Equity | JP¥498.43b |
| Total liabilities | JP¥748.19b |
| Total assets | JP¥1.25t |
Recent financial health updates
Recent updates
Investors Shouldn't Be Too Comfortable With Rengo's (TSE:3941) Earnings
Nov 26
Rengo's (TSE:3941) Returns Have Hit A Wall
Oct 21Little Excitement Around Rengo Co., Ltd.'s (TSE:3941) Earnings
Aug 29Returns On Capital At Rengo (TSE:3941) Have Hit The Brakes
Jun 28Does Rengo (TSE:3941) Have A Healthy Balance Sheet?
Apr 22Earnings Working Against Rengo Co., Ltd.'s (TSE:3941) Share Price
Mar 28Slowing Rates Of Return At Rengo (TSE:3941) Leave Little Room For Excitement
Feb 26Financial Position Analysis
Short Term Liabilities: 3941's short term assets (¥506.6B) exceed its short term liabilities (¥403.9B).
Long Term Liabilities: 3941's short term assets (¥506.6B) exceed its long term liabilities (¥344.3B).
Debt to Equity History and Analysis
Debt Level: 3941's net debt to equity ratio (65.2%) is considered high.
Reducing Debt: 3941's debt to equity ratio has reduced from 109.9% to 85.9% over the past 5 years.
Debt Coverage: 3941's debt is well covered by operating cash flow (21.1%).
Interest Coverage: 3941's interest payments on its debt are well covered by EBIT (93.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 23:19 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rengo Co., Ltd. is covered by 18 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kyoji Chiba | BofA Global Research |
| Masahiro Shibano | Citigroup Inc |
| Jeremie Capron | CLSA |