RACCOON HOLDINGS Balance Sheet Health
Financial Health criteria checks 6/6
RACCOON HOLDINGS has a total shareholder equity of ¥5.0B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are ¥15.8B and ¥10.8B respectively. RACCOON HOLDINGS's EBIT is ¥588.0M making its interest coverage ratio 98. It has cash and short-term investments of ¥4.9B.
Key information
25.0%
Debt to equity ratio
JP¥1.26b
Debt
| Interest coverage ratio | 98x |
| Cash | JP¥4.91b |
| Equity | JP¥5.04b |
| Total liabilities | JP¥10.77b |
| Total assets | JP¥15.81b |
Recent financial health updates
No updates
Recent updates
RACCOON HOLDINGS' (TSE:3031) Upcoming Dividend Will Be Larger Than Last Year's
Oct 22
RACCOON HOLDINGS' (TSE:3031) Dividend Will Be Increased To ¥10.00
Oct 08RACCOON HOLDINGS (TSE:3031) Has Announced That It Will Be Increasing Its Dividend To ¥10.00
Sep 24Market Participants Recognise RACCOON HOLDINGS, Inc.'s (TSE:3031) Earnings Pushing Shares 27% Higher
Sep 03RACCOON HOLDINGS' (TSE:3031) Upcoming Dividend Will Be Larger Than Last Year's
Aug 30RACCOON HOLDINGS' (TSE:3031) Returns On Capital Not Reflecting Well On The Business
Jul 12RACCOON HOLDINGS' (TSE:3031) Dividend Will Be Reduced To ¥5.00
Apr 03RACCOON HOLDINGS (TSE:3031) Is Reducing Its Dividend To ¥5.00
Mar 12RACCOON HOLDINGS (TSE:3031) Has Announced A Dividend Of ¥9.00
Feb 27Financial Position Analysis
Short Term Liabilities: 3031's short term assets (¥13.1B) exceed its short term liabilities (¥9.8B).
Long Term Liabilities: 3031's short term assets (¥13.1B) exceed its long term liabilities (¥974.0M).
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 56.4% to 25% over the past 5 years.
Debt Coverage: 3031's debt is well covered by operating cash flow (52.4%).
Interest Coverage: 3031's interest payments on its debt are well covered by EBIT (98x coverage).