Relo Group Balance Sheet Health
Financial Health criteria checks 4/6
Relo Group has a total shareholder equity of ¥78.0B and total debt of ¥79.0B, which brings its debt-to-equity ratio to 101.3%. Its total assets and total liabilities are ¥305.1B and ¥227.1B respectively. Relo Group's EBIT is ¥21.3B making its interest coverage ratio 11.9. It has cash and short-term investments of ¥49.2B.
Key information
101.3%
Debt to equity ratio
JP¥78.98b
Debt
Interest coverage ratio | 11.9x |
Cash | JP¥49.22b |
Equity | JP¥77.96b |
Total liabilities | JP¥227.15b |
Total assets | JP¥305.11b |
Financial Position Analysis
Short Term Liabilities: 8876's short term assets (¥123.2B) exceed its short term liabilities (¥119.6B).
Long Term Liabilities: 8876's short term assets (¥123.2B) exceed its long term liabilities (¥107.5B).
Debt to Equity History and Analysis
Debt Level: 8876's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: 8876's debt to equity ratio has increased from 72.1% to 101.3% over the past 5 years.
Debt Coverage: 8876's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: 8876's interest payments on its debt are well covered by EBIT (11.9x coverage).