Raysum Balance Sheet Health
Financial Health criteria checks 3/6
Raysum has a total shareholder equity of ¥60.9B and total debt of ¥81.3B, which brings its debt-to-equity ratio to 133.6%. Its total assets and total liabilities are ¥154.1B and ¥93.2B respectively. Raysum's EBIT is ¥18.5B making its interest coverage ratio 22.2. It has cash and short-term investments of ¥34.5B.
Key information
133.6%
Debt to equity ratio
JP¥81.33b
Debt
| Interest coverage ratio | 22.2x |
| Cash | JP¥34.55b |
| Equity | JP¥60.87b |
| Total liabilities | JP¥93.21b |
| Total assets | JP¥154.08b |
Recent financial health updates
Recent updates
Raysum's (TSE:8890) Soft Earnings Are Actually Better Than They Appear
Nov 16
Is Raysum Co., Ltd. (TYO:8890) A Good Fit For Your Dividend Portfolio?
Mar 26Raysum (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 (¥142.9B) exceed its short term liabilities (¥12.0B).
Long Term Liabilities: 8890's short term assets (¥142.9B) exceed its long term liabilities (¥81.2B).
Debt to Equity History and Analysis
Debt Level: 8890's net debt to equity ratio (76.9%) is considered high.
Reducing Debt: 8890's debt to equity ratio has increased from 62.1% to 133.6% over the past 5 years.
Debt Coverage: 8890's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8890's interest payments on its debt are well covered by EBIT (22.2x coverage).