Resonac Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Resonac Holdings has a total shareholder equity of ¥616.4B and total debt of ¥1,016.5B, which brings its debt-to-equity ratio to 164.9%. Its total assets and total liabilities are ¥2,059.6B and ¥1,443.3B respectively. Resonac Holdings's EBIT is ¥59.4B making its interest coverage ratio 5.5. It has cash and short-term investments of ¥243.0B.
Key information
164.9%
Debt to equity ratio
JP¥1.02t
Debt
| Interest coverage ratio | 5.5x |
| Cash | JP¥242.95b |
| Equity | JP¥616.35b |
| Total liabilities | JP¥1.44t |
| Total assets | JP¥2.06t |
Recent financial health updates
Resonac Holdings (TSE:4004) Has A Somewhat Strained Balance Sheet
Nov 09
Resonac Holdings (TSE:4004) Has No Shortage Of Debt
Jul 27Is Resonac Holdings (TSE:4004) Using Too Much Debt?
Mar 22Recent updates
Analysts Have Made A Financial Statement On Resonac Holdings Corporation's (TSE:4004) Third-Quarter Report
Nov 14Resonac Holdings (TSE:4004) Has A Somewhat Strained Balance Sheet
Nov 09After Leaping 29% Resonac Holdings Corporation (TSE:4004) Shares Are Not Flying Under The Radar
Sep 04Resonac Holdings' (TSE:4004) Shareholders May Want To Dig Deeper Than Statutory Profit
Aug 15The Resonac Holdings Corporation (TSE:4004) Interim Results Are Out And Analysts Have Published New Forecasts
Aug 12Resonac Holdings (TSE:4004) Has No Shortage Of Debt
Jul 27With Resonac Holdings Corporation (TSE:4004) It Looks Like You'll Get What You Pay For
Jul 05Is Resonac Holdings (TSE:4004) Using Too Much Debt?
Mar 22Are Investors Undervaluing Resonac Holdings Corporation (TSE:4004) By 38%?
Mar 01Financial Position Analysis
Short Term Liabilities: 4004's short term assets (¥807.1B) exceed its short term liabilities (¥488.2B).
Long Term Liabilities: 4004's short term assets (¥807.1B) do not cover its long term liabilities (¥955.0B).
Debt to Equity History and Analysis
Debt Level: 4004's net debt to equity ratio (125.5%) is considered high.
Reducing Debt: 4004's debt to equity ratio has increased from 58.8% to 164.9% over the past 5 years.
Debt Coverage: 4004's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 4004's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 00:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Resonac Holdings Corporation is covered by 22 analysts. 8 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 |
|---|---|
| Mikiya Yamada | Barclays |
| Takashi Enomoto | BofA Global Research |
| Takao Kanai | Citigroup Global Markets Japan Inc. |