RACCOON HOLDINGS Balance Sheet Health
Financial Health criteria checks 6/6
RACCOON HOLDINGS has a total shareholder equity of ¥4.9B and total debt of ¥986.0M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are ¥14.0B and ¥9.1B respectively. RACCOON HOLDINGS's EBIT is ¥765.0M making its interest coverage ratio -127.5. It has cash and short-term investments of ¥4.5B.
Key information
20.1%
Debt to equity ratio
JP¥986.00m
Debt
Interest coverage ratio | -127.5x |
Cash | JP¥4.46b |
Equity | JP¥4.91b |
Total liabilities | JP¥9.06b |
Total assets | JP¥13.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3031's short term assets (¥11.3B) exceed its short term liabilities (¥9.0B).
Long Term Liabilities: 3031's short term assets (¥11.3B) exceed its long term liabilities (¥60.0M).
Debt to Equity History and Analysis
Debt Level: 3031 has more cash than its total debt.
Reducing Debt: 3031's debt to equity ratio has reduced from 22.4% to 20.1% over the past 5 years.
Debt Coverage: 3031's debt is well covered by operating cash flow (118.8%).
Interest Coverage: 3031 earns more interest than it pays, so coverage of interest payments is not a concern.