Raysum Balance Sheet Health
Financial Health criteria checks 4/6
Raysum has a total shareholder equity of ¥57.9B and total debt of ¥54.0B, which brings its debt-to-equity ratio to 93.3%. Its total assets and total liabilities are ¥122.0B and ¥64.1B respectively. Raysum's EBIT is ¥21.8B making its interest coverage ratio 41.7. It has cash and short-term investments of ¥26.9B.
Key information
93.3%
Debt to equity ratio
JP¥54.01b
Debt
| Interest coverage ratio | 41.7x |
| Cash | JP¥26.86b |
| Equity | JP¥57.87b |
| Total liabilities | JP¥64.13b |
| Total assets | JP¥122.00b |
Recent financial health updates
Recent updates
Is Raysum Co., Ltd. (TYO:8890) A Good Fit For Your Dividend Portfolio?
Mar 26
Raysum (TYO:8890) Takes On Some Risk With Its Use Of Debt
Feb 24How Much Of Raysum Co., Ltd. (TYO:8890) Do Insiders Own?
Feb 03
If You Had Bought Raysum's (TYO:8890) Shares Three Years Ago You Would Be Down 41%
Jan 08Three Things You Should Check Before Buying Raysum Co., Ltd. (TYO:8890) For Its Dividend
Dec 18We're Not So Sure You Should Rely on Raysum's (TYO:8890) Statutory Earnings
Nov 25Financial Position Analysis
Short Term Liabilities: 8890's short term assets (¥110.3B) exceed its short term liabilities (¥6.4B).
Long Term Liabilities: 8890's short term assets (¥110.3B) exceed its long term liabilities (¥57.7B).
Debt to Equity History and Analysis
Debt Level: 8890's net debt to equity ratio (46.9%) is considered high.
Reducing Debt: 8890's debt to equity ratio has increased from 45.5% to 93.3% over the past 5 years.
Debt Coverage: 8890's debt is well covered by operating cash flow (20.6%).
Interest Coverage: 8890's interest payments on its debt are well covered by EBIT (41.7x coverage).