ROCK PAINT Balance Sheet Health
Financial Health criteria checks 6/6
ROCK PAINT has a total shareholder equity of ¥41.9B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥52.5B and ¥10.6B respectively. ROCK PAINT's EBIT is ¥1.0B making its interest coverage ratio -9. It has cash and short-term investments of ¥13.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -9x |
| Cash | JP¥13.15b |
| Equity | JP¥41.95b |
| Total liabilities | JP¥10.56b |
| Total assets | JP¥52.51b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4621's short term assets (¥28.2B) exceed its short term liabilities (¥6.9B).
Long Term Liabilities: 4621's short term assets (¥28.2B) exceed its long term liabilities (¥3.7B).
Debt to Equity History and Analysis
Debt Level: 4621 is debt free.
Reducing Debt: 4621 has not had any debt for past 5 years.
Debt Coverage: 4621 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4621 has no debt, therefore coverage of interest payments is not a concern.