RISE Balance Sheet Health
Financial Health criteria checks 6/6
RISE has a total shareholder equity of ¥2.1B and total debt of ¥83.0M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ¥2.3B and ¥247.0M respectively. RISE's EBIT is ¥6.0M making its interest coverage ratio 6. It has cash and short-term investments of ¥864.0M.
Key information
4.0%
Debt to equity ratio
JP¥83.00m
Debt
| Interest coverage ratio | 6x |
| Cash | JP¥864.00m |
| Equity | JP¥2.07b |
| Total liabilities | JP¥247.00m |
| Total assets | JP¥2.31b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8836's short term assets (¥894.0M) exceed its short term liabilities (¥75.0M).
Long Term Liabilities: 8836's short term assets (¥894.0M) exceed its long term liabilities (¥172.0M).
Debt to Equity History and Analysis
Debt Level: 8836 has more cash than its total debt.
Reducing Debt: 8836's debt to equity ratio has reduced from 12.3% to 4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 8836 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 8836 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 32.5% each year