RentracksLTD Balance Sheet Health
Financial Health criteria checks 5/6
RentracksLTD has a total shareholder equity of ¥3.3B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 113.7%. Its total assets and total liabilities are ¥9.9B and ¥6.6B respectively. RentracksLTD's EBIT is ¥1.1B making its interest coverage ratio 107. It has cash and short-term investments of ¥5.2B.
Key information
113.7%
Debt to equity ratio
JP¥3.77b
Debt
| Interest coverage ratio | 107x |
| Cash | JP¥5.18b |
| Equity | JP¥3.32b |
| Total liabilities | JP¥6.56b |
| Total assets | JP¥9.88b |
Recent financial health updates
Is RentracksLTD (TSE:6045) A Risky Investment?
Sep 26
Here's Why RentracksLTD (TSE:6045) Can Manage Its Debt Responsibly
Jun 26Is RentracksLTD (TSE:6045) Using Too Much Debt?
Mar 25Recent updates
RentracksLTD's (TSE:6045) Strong Earnings Are Of Good Quality
Nov 26We Like RentracksLTD's (TSE:6045) Returns And Here's How They're Trending
Oct 29Is RentracksLTD (TSE:6045) A Risky Investment?
Sep 26Rentracks CO.,LTD.'s (TSE:6045) Shares Climb 31% But Its Business Is Yet to Catch Up
Aug 21Here's Why RentracksLTD (TSE:6045) Can Manage Its Debt Responsibly
Jun 26RentracksLTD's (TSE:6045) Earnings Seem To Be Promising
May 23Is RentracksLTD (TSE:6045) Using Too Much Debt?
Mar 25There's Reason For Concern Over Rentracks CO.,LTD.'s (TSE:6045) Massive 26% Price Jump
Mar 25Financial Position Analysis
Short Term Liabilities: 6045's short term assets (¥9.2B) exceed its short term liabilities (¥6.3B).
Long Term Liabilities: 6045's short term assets (¥9.2B) exceed its long term liabilities (¥216.0M).
Debt to Equity History and Analysis
Debt Level: 6045 has more cash than its total debt.
Reducing Debt: 6045's debt to equity ratio has increased from 33.8% to 113.7% over the past 5 years.
Debt Coverage: 6045's debt is well covered by operating cash flow (24.7%).
Interest Coverage: 6045's interest payments on its debt are well covered by EBIT (107x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:48 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rentracks CO.,LTD. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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