RAKUMACHIInc Balance Sheet Health
Financial Health criteria checks 6/6
RAKUMACHIInc has a total shareholder equity of ¥5.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥5.8B and ¥364.0M respectively. RAKUMACHIInc's EBIT is ¥1.1B making its interest coverage ratio -28.9. It has cash and short-term investments of ¥2.3B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -28.9x |
| Cash | JP¥2.31b |
| Equity | JP¥5.40b |
| Total liabilities | JP¥364.00m |
| Total assets | JP¥5.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6037's short term assets (¥2.7B) exceed its short term liabilities (¥351.0M).
Long Term Liabilities: 6037's short term assets (¥2.7B) exceed its long term liabilities (¥13.0M).
Debt to Equity History and Analysis
Debt Level: 6037 is debt free.
Reducing Debt: 6037 has not had any debt for past 5 years.
Debt Coverage: 6037 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6037 has no debt, therefore coverage of interest payments is not a concern.