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 ratio93.6x
CashJP¥103.38b
EquityJP¥498.43b
Total liabilitiesJP¥748.19b
Total assetsJP¥1.25t

Recent financial health updates

Recent updates

Rengo's (TSE:3941) Returns Have Hit A Wall

Oct 21
Rengo's (TSE:3941) Returns Have Hit A Wall

Little Excitement Around Rengo Co., Ltd.'s (TSE:3941) Earnings

Aug 29
Little Excitement Around Rengo Co., Ltd.'s (TSE:3941) Earnings

Returns On Capital At Rengo (TSE:3941) Have Hit The Brakes

Jun 28
Returns On Capital At Rengo (TSE:3941) Have Hit The Brakes

Does Rengo (TSE:3941) Have A Healthy Balance Sheet?

Apr 22
Does Rengo (TSE:3941) Have A Healthy Balance Sheet?

Earnings Working Against Rengo Co., Ltd.'s (TSE:3941) Share Price

Mar 28
Earnings Working Against Rengo Co., Ltd.'s (TSE:3941) Share Price

Slowing Rates Of Return At Rengo (TSE:3941) Leave Little Room For Excitement

Feb 26
Slowing Rates Of Return At Rengo (TSE:3941) Leave Little Room For Excitement

Financial 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 (20.9%).

Interest Coverage: 3941's interest payments on its debt are well covered by EBIT (93.6x coverage).


Balance Sheet


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