RKB Mainichi Holdings Balance Sheet Health
Financial Health criteria checks 5/6
RKB Mainichi Holdings has a total shareholder equity of ¥38.6B and total debt of ¥800.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥50.9B and ¥12.3B respectively. RKB Mainichi Holdings's EBIT is ¥1.4B making its interest coverage ratio -9.6. It has cash and short-term investments of ¥12.4B.
Key information
2.1%
Debt to equity ratio
JP¥800.00m
Debt
Interest coverage ratio | -9.6x |
Cash | JP¥12.39b |
Equity | JP¥38.62b |
Total liabilities | JP¥12.29b |
Total assets | JP¥50.91b |
Recent financial health updates
No updates
Recent updates
The RKB Mainichi Holdings (FKSE:9407) Share Price Has Gained 37% And Shareholders Are Hoping For More
Mar 10We Wouldn't Rely On RKB Mainichi Holdings' (FKSE:9407) Statutory Earnings As A Guide
Feb 07What You Need To Know About RKB Mainichi Holdings Corporation's (FKSE:9407) Investor Composition
Dec 17Key Things To Watch Out For If You Are After RKB Mainichi Holdings Corporation's (FKSE:9407) 1.5% Dividend
Nov 25Financial Position Analysis
Short Term Liabilities: 9407's short term assets (¥18.6B) exceed its short term liabilities (¥3.9B).
Long Term Liabilities: 9407's short term assets (¥18.6B) exceed its long term liabilities (¥8.3B).
Debt to Equity History and Analysis
Debt Level: 9407 has more cash than its total debt.
Reducing Debt: 9407's debt to equity ratio has increased from 0% to 2.1% over the past 5 years.
Debt Coverage: 9407's debt is well covered by operating cash flow (199.5%).
Interest Coverage: 9407 earns more interest than it pays, so coverage of interest payments is not a concern.