Resonac Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Resonac Holdings has a total shareholder equity of ¥610.7B and total debt of ¥983.3B, which brings its debt-to-equity ratio to 161%. Its total assets and total liabilities are ¥2,043.5B and ¥1,432.8B respectively. Resonac Holdings's EBIT is ¥14.4B making its interest coverage ratio 1.3. It has cash and short-term investments of ¥213.2B.
Key information
161.0%
Debt to equity ratio
JP¥983.25b
Debt
| Interest coverage ratio | 1.3x |
| Cash | JP¥213.20b |
| Equity | JP¥610.67b |
| Total liabilities | JP¥1.43t |
| Total assets | JP¥2.04t |
Recent financial health updates
Resonac Holdings (TSE:4004) Has No Shortage Of Debt
Jul 27
Is Resonac Holdings (TSE:4004) Using Too Much Debt?
Mar 22Recent updates
Financial Position Analysis
Short Term Liabilities: 4004's short term assets (¥769.6B) exceed its short term liabilities (¥452.1B).
Long Term Liabilities: 4004's short term assets (¥769.6B) do not cover its long term liabilities (¥980.7B).
Debt to Equity History and Analysis
Debt Level: 4004's net debt to equity ratio (126.1%) is considered high.
Reducing Debt: 4004's debt to equity ratio has increased from 60.8% to 161% over the past 5 years.
Debt Coverage: 4004's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 4004's interest payments on its debt are not well covered by EBIT (1.3x coverage).