Rasa Industries Balance Sheet Health
Financial Health criteria checks 6/6
Rasa Industries has a total shareholder equity of ¥26.1B and total debt of ¥7.8B, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are ¥43.4B and ¥17.3B respectively. Rasa Industries's EBIT is ¥3.9B making its interest coverage ratio 35.6. It has cash and short-term investments of ¥3.7B.
Key information
29.8%
Debt to equity ratio
JP¥7.78b
Debt
| Interest coverage ratio | 35.6x |
| Cash | JP¥3.72b |
| Equity | JP¥26.08b |
| Total liabilities | JP¥17.30b |
| Total assets | JP¥43.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4022's short term assets (¥21.3B) exceed its short term liabilities (¥11.0B).
Long Term Liabilities: 4022's short term assets (¥21.3B) exceed its long term liabilities (¥6.3B).
Debt to Equity History and Analysis
Debt Level: 4022's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: 4022's debt to equity ratio has reduced from 70.5% to 29.8% over the past 5 years.
Debt Coverage: 4022's debt is well covered by operating cash flow (77.7%).
Interest Coverage: 4022's interest payments on its debt are well covered by EBIT (35.6x coverage).