Rasa Industries Balance Sheet Health
Financial Health criteria checks 6/6
Rasa Industries has a total shareholder equity of ¥25.7B and total debt of ¥8.6B, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are ¥44.7B and ¥19.1B respectively. Rasa Industries's EBIT is ¥4.1B making its interest coverage ratio 31.6. It has cash and short-term investments of ¥3.7B.
Key information
33.4%
Debt to equity ratio
JP¥8.58b
Debt
| Interest coverage ratio | 31.6x |
| Cash | JP¥3.66b |
| Equity | JP¥25.68b |
| Total liabilities | JP¥19.05b |
| Total assets | JP¥44.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4022's short term assets (¥22.8B) exceed its short term liabilities (¥12.4B).
Long Term Liabilities: 4022's short term assets (¥22.8B) exceed its long term liabilities (¥6.6B).
Debt to Equity History and Analysis
Debt Level: 4022's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: 4022's debt to equity ratio has reduced from 79.2% to 33.4% over the past 5 years.
Debt Coverage: 4022's debt is well covered by operating cash flow (58%).
Interest Coverage: 4022's interest payments on its debt are well covered by EBIT (31.6x coverage).