Ricecurry Balance Sheet Health
Financial Health criteria checks 4/6
Ricecurry has a total shareholder equity of ¥751.0M and total debt of ¥680.0M, which brings its debt-to-equity ratio to 90.5%. Its total assets and total liabilities are ¥1.8B and ¥1.0B respectively. Ricecurry's EBIT is ¥88.0M making its interest coverage ratio 22. It has cash and short-term investments of ¥638.0M.
Key information
90.5%
Debt to equity ratio
JP¥680.00m
Debt
Interest coverage ratio | 22x |
Cash | JP¥638.00m |
Equity | JP¥751.00m |
Total liabilities | JP¥1.04b |
Total assets | JP¥1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 195A's short term assets (¥1.1B) exceed its short term liabilities (¥590.0M).
Long Term Liabilities: 195A's short term assets (¥1.1B) exceed its long term liabilities (¥453.0M).
Debt to Equity History and Analysis
Debt Level: 195A's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 195A's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if 195A's debt is well covered by operating cash flow.
Interest Coverage: 195A's interest payments on its debt are well covered by EBIT (22x coverage).